LATAM Airlines Group SA (LFL) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS
LATAM Airlines Group SA (NYSE:LFL) issued its quarterly earnings data on Friday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.05, ARN reports.
LATAM Airlines Group SA (NYSE:LFL) opened at 11.69 on Friday. LATAM Airlines Group SA has a one year low of $11.46 and a one year high of $17.39. The stock has a 50-day moving average of $12.66 and a 200-day moving average of $14.16. The company’s market cap is $6.377 billion.
Several analysts have recently commented on the stock. Analysts at Evercore Partners cut their price target on shares of LATAM Airlines Group SA from $16.00 to $14.00 in a research note on Thursday. Analysts at Bank of America downgraded shares of LATAM Airlines Group SA from a “buy” rating to a “neutral” rating in a research note on Monday, July 21st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $15.86.
Latam Airlines Group SA is a Chile-based airline company. The Company and its affiliates provides domestic and international passenger services, as well as freight cargo services in Chile, Peru, Argentina, Colombia and Ecuador with a wide range of routes around America, Europe and Oceania.
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