Earnings Alerts

China Eastern Airlines (670) Earnings Soar as June Passenger Traffic Jumps 27.7%

  • Passenger Traffic Surge: In June, China Eastern saw a substantial increase in passenger traffic by 27.7% year-over-year (y/y).
  • Improved Load Factor: The passenger load factor for June was 83.4%, a notable rise from 76% in the same period last year.
  • Analyst Ratings: Currently, the airline has received 13 buy ratings, 3 hold ratings, and 2 sell ratings from analysts.
  • Comparison Basis: All comparisons to previous results are based on the company’s original disclosures.

A look at China Eastern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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, a key player in the civil aviation industry, has been assigned Smart Scores that reflect a positive long-term outlook. With an impressive Growth score of 5, the company indicates strong potential for expansion and development in the future. Coupled with a Value score of 4, investors may find China Eastern Airlines to be an attractive option for the value it offers relative to its price. Momentum and Resilience scores of 4 and 2, respectively, suggest that the company has been gaining traction and possesses the ability to weather challenges. However, its low Dividend score of 1 may deter income-seeking investors.

Overall, China Eastern Airlines‘ Smart Scores paint a picture of a company with significant growth prospects and solid value, despite a lackluster dividend performance. Investors looking for a company with strong growth potential and relative resilience in the face of market fluctuations may consider China Eastern Airlines as a promising long-term investment opportunity in the civil aviation sector.


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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