Earnings Alerts

China Eastern Airlines (670) Earnings Surge with May Passenger Load Factor at 80.8%

  • Passenger Load Factor: China Eastern recorded a passenger load factor of 80.8% in May 2024.
  • Passenger Traffic Growth: The airline experienced a 34.1% increase in passenger traffic.
  • Analyst Ratings: The stock has 13 buy ratings, 3 hold ratings, and 2 sell ratings from analysts.

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, a key player in the civil aviation industry, seems to have a promising long-term outlook based on Smartkarma Smart Scores. With a top-notch Value score of 5 and excellent Growth score of 5, the company appears to be positioned well for value appreciation and future expansion. However, its relatively low Resilience score of 2 suggests some vulnerability to market fluctuations and external shocks, despite a solid Momentum score of 4.

Overall, China Eastern Airlines shows strength in terms of value and growth potential, although investors may need to be cautious about its resilience to withstand unexpected challenges. Investors keen on companies with strong value propositions and growth prospects could find China Eastern Airlines appealing as it continues to navigate the competitive 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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