Earnings Alerts

China Eastern Airlines (670) Earnings Skyrocket with April Passenger Traffic Surging by 34.9%

  • China Eastern’s passenger traffic surged by 34.9% in April.
  • The passenger load factor, a measurement of the utilization of a transport’s capacity, was recorded at 81%.
  • Investment analysts have issued 13 buy ratings, 3 hold ratings, and 2 sell ratings for the company’s stock.

A look at China Eastern Airlines Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Eastern Airlines Corporation Limited has received high scores in Value and Growth, indicating a positive long-term outlook for the company. With a score of 5 in Value, it suggests the company is perceived as undervalued compared to its true worth. Moreover, scoring a 5 in Growth reflects a promising future in terms of expansion and increasing market share. However, the lower scores in Dividend and Resilience, at 1 and 2 respectively, suggest limitations in terms of dividend payouts and the company’s ability to withstand economic uncertainties effectively. Despite this, the Momentum score of 4 signifies a strong upward trend in the company’s performance, indicating increasing investor interest and confidence in its future prospects. Overall, China Eastern Airlines shows strengths in value and growth potential for the long term.

Operating in the civil aviation industry, China Eastern Airlines Corporation Limited provides a range of services including passenger and cargo transportation. While the company has areas of improvement in dividend payouts and resilience to economic challenges, its high scores in Value and Growth demonstrate promise for the future. The company’s momentum score suggests increasing positive momentum in its performance, hinting at a favorable outlook among investors. With a strong emphasis on passenger, cargo, and extended transportation services, China Eastern Airlines continues to position itself for growth and expansion in the competitive aviation market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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