- Revenue Achievement: EasyJet reported a full-year revenue of GBP9.31 billion, slightly below the estimated GBP9.33 billion.
- Passenger Revenue: The airline recorded GBP5.72 billion in passenger revenue, just under the forecasted GBP5.76 billion.
- Ancillary Revenue Success: Ancillary revenue stood out at GBP3.59 billion, surpassing the estimate of GBP2.46 billion.
- Passenger Numbers: 89.7 million passengers flew with EasyJet, close to the estimated 89.97 million.
- Revenue Per Seat: The revenue per seat was GBP81.35, slightly below the expected GBP83.70.
- Load Factor: EasyJet achieved a load factor of 89.3%, nearly meeting the estimated 89.6%.
- Capacity: The airline’s capacity reached 100.4 million seats, marginally under the estimate of 100.55 million.
- Strategic Success: A 34% increase in annual profits demonstrates the effectiveness of EasyJet’s strategic execution.
- Market Analysts’ Outlook: The airline has received 17 buy ratings, 6 hold ratings, and no sell ratings from financial analysts.
easyJet PLC on Smartkarma
Analyst coverage of easyJet PLC on Smartkarma by Neil Glynn indicates a bearish sentiment on the company’s performance. In his report titled “European Airlines – Fare Data Suggests Risk to EasyJet/Wizz Peak Summer but Winter More Encouraging,” Glynn delves into the peak summer and early winter fare data to highlight potential negative surprises for easyJet and Wizz Air. The analysis reveals a concerning outlook for easyJet, with the data suggesting a possibility of late-market disappointment in fares. However, there is a more optimistic view for the winter season, providing a hint of encouragement for the airline’s future prospects.
This in-depth research by Neil Glynn on Smartkarma sheds light on the intricacies of easyJet’s fare data, pointing to challenges and opportunities ahead. By uncovering potential risks and positive indicators within the airline industry, investors gain valuable insights into the dynamics affecting easyJet’s performance. As an independent investment research network, Smartkarma’s platform enables top analysts like Neil Glynn to provide valuable perspectives on companies such as easyJet PLC, offering a comprehensive understanding of the factors influencing investment decisions in the aviation sector.
A look at easyJet PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
easyJet PLC, a prominent low-cost passenger airline operating across the UK and Europe, shows a positive long-term outlook according to Smartkarma Smart Scores. With a strong Growth score of 5 and Resilience score of 4, the company is positioned well for expansion and navigating challenging market conditions efficiently. Additionally, its Value score of 3 signifies a balanced valuation within the industry. While the Dividend and Momentum scores are slightly lower at 2 and 3 respectively, the overall outlook remains optimistic for easyJet PLC as it continues to focus on sustainable growth and operational stability.
easyJet PLC, known for its user-friendly approach in ticket sales primarily through its website, stands out with an impressive Growth score of 5 in the Smartkarma Smart Scores evaluation. The company’s Resilience score of 4 highlights its ability to adapt to changing market dynamics, ensuring long-term sustainability. Despite moderate scores in Value and Momentum at 3, easyJet PLC‘s strategic focus on growth and resilience positions it well for the future, signaling a promising trajectory for investors looking at the low-cost airline 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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