After a pandemic and a Chapter 11 restructuring, LATAM has emerged as a dominant player in South America with a robust hub strategy and narrow-body fleet expansion. The company's leadership in domestic and international markets is supported by a strong partnership with Delta Air Lines, with future growth stemming from North America and Europe. Improved profitability is driven by reduced headcount, depreciation, and favorable jet fuel prices, with an expected net income of $1.1 billion to $1.4 billion for FY'25.
LATAM Airlines Group S.A. (NYSE:LTM ) Q4 2024 Earnings Conference Call January 31, 2025 8:30 AM ET Company Participants Andres del Valle - Vice President of Corporate Finance Roberto Alvo - Chief Executive Officer Ricardo Bottas - Chief Financial Officer Conference Call Participants Michael Linenberg - Deutsche Bank Jens Spiess - Morgan Stanley André Ferreira - Bradesco Stephen Trent - Citigroup Guilherme Mendes - JPMorgan Pablo Monsivais - Barclays Operator Hello, and welcome to the Fourth Quarter 2024 LATAM Airlines Group Earnings Conference Call.
LATAM (LTM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
MNDY, LTM, and PBI it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 7, 2024.
NCNO, PPC and LTM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 2, 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
MNDY, LTM, and NCNO it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 27, 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The consensus price target hints at a 39.6% upside potential for LATAM (LTM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
LATAM (LTM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.