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LATAM Airlines Group: Q1 Earnings Insights

Benzinga Insights

Shares of LATAM Airlines Group (NYSE:LTM) rose 5.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 3400.00% year over year to ($3.50), which may not compare to the estimate of ($0.12).

Revenue of $2,352,000,000 declined by 6.85% from the same period last year, which missed the estimate of $2,520,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

LATAM Airlines Group hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jun 01, 2020

View more earnings on LTM

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/etp7b579

Recent Stock Performance

Company's 52-week high was at $12.15

Company's 52-week low was at $1.00

Price action over last quarter: down 82.48%

Company Description

LATAM Airlines Group SA is one of the largest air transport groups in Latin America. It operates in multiple countries in South America, and helps bring better connectivity within the region. Additionally, it has entered agreements with operators in the industry to help reach more global destinations. Revenue is generated from transporting passengers and cargo and utilizing a network of freighters..

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