After going through a pandemic and restructuring, LATAM has become a major airline in South America by focusing on a strong hub strategy and expanding its narrow-body fleet. The airline's success in both domestic and international markets is backed by a solid partnership with Delta Air Lines, with plans for growth in North America and Europe. Increased profits are due to a smaller workforce, lower depreciation costs, and better jet fuel prices, with a projected net income of $1.1 billion to $1.4 billion for the fiscal year 2025.
LATAM Airlines Group S.A. (NYSE:LTM) will hold its Q4 2024 Earnings Conference Call on January 31, 2025, at 8:30 AM ET. The call will feature company representatives including Andres del Valle, Roberto Alvo, and Ricardo Bottas, along with participants from various financial institutions. The operator will begin the call by welcoming everyone to the conference.
LATAM (LTM) has passed our 'Fast-Paced Momentum at a Bargain' filter, making it a good option for investors interested in stocks that have shown strong recent growth while still being reasonably priced.