$0.19 Earnings Per Share Expected for LATAM Airlines Group S.A. (LTM) This Quarter

Equities research analysts expect LATAM Airlines Group S.A. (NYSE:LTM) to post earnings of $0.19 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for LATAM Airlines Group’s earnings, with the highest EPS estimate coming in at $0.28 and the lowest estimate coming in at $0.14. LATAM Airlines Group reported earnings of $0.02 per share in the same quarter last year, which indicates a positive year over year growth rate of 850%. The firm is expected to announce its next earnings report on Thursday, November 9th.

On average, analysts expect that LATAM Airlines Group will report full-year earnings of $0.27 per share for the current fiscal year, with EPS estimates ranging from $0.18 to $0.38. For the next year, analysts forecast that the business will post earnings of $0.53 per share, with EPS estimates ranging from $0.43 to $0.65. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow LATAM Airlines Group.

Several research analysts have issued reports on LTM shares. Zacks Investment Research lowered shares of LATAM Airlines Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. TheStreet cut shares of LATAM Airlines Group from a “c-” rating to a “d+” rating in a research report on Friday, August 18th. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $10.67.

ILLEGAL ACTIVITY NOTICE: “$0.19 Earnings Per Share Expected for LATAM Airlines Group S.A. (LTM) This Quarter” was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://sportsperspectives.com/2017/10/11/0-19-earnings-per-share-expected-for-latam-airlines-group-s-a-ltm-this-quarter.html.

LATAM Airlines Group (LTM) traded down 0.71% during midday trading on Wednesday, reaching $13.93. The company had a trading volume of 408,056 shares. LATAM Airlines Group has a 52-week low of $8.07 and a 52-week high of $15.06. The company’s 50 day moving average is $13.28 and its 200-day moving average is $12.35. The company’s market capitalization is $8.45 billion.

LATAM Airlines Group Company Profile

LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries.

Get a free copy of the Zacks research report on LATAM Airlines Group (LTM)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for LATAM Airlines Group S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LATAM Airlines Group S.A. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply