Earnings Alerts

China Southern Airlines (1055) Earnings Surge: July Passenger Traffic Up 16.1%

  • China Southern saw a 16.1% increase in passenger traffic for July 2024 compared to the same month last year.
  • The passenger load factor improved to 83.8% this July, up from 80.9% in July 2023.
  • Among analysts, China Southern has received 11 ‘buy’ recommendations.
  • Additionally, there are 5 ‘hold’ recommendations and no ‘sell’ recommendations for China Southern.
  • These comparisons and recommendations are based on the company’s original disclosures and past results.

A look at China Southern 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 Southern Airlines, a prominent player in the airline industry, is showing a promising long-term outlook based on its Smartkarma Smart Scores. With an impressive score of 5 in Growth, the company is positioned to expand and thrive in the coming years. This indicates strong potential for increasing market share and developing new routes to meet growing demand.

Although facing challenges in the Dividend and Resilience categories with scores of 1 and 2 respectively, China Southern Airlines excels in delivering value with a score of 4. This indicates that the company is fundamentally sound and offers good investment opportunities. Coupled with a Momentum score of 4, reflecting positive market sentiment and performance, China Southern Airlines appears poised for sustained growth amidst the competitive airline landscape.


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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