Earnings Alerts

Fraport AG Frankfurt Airport S (FRA) Earnings: September Rise in Passenger Numbers Signals Recovery

By October 14, 2024 No Comments
  • In September 2024, Frankfurt Airport experienced a 1.2% increase in passenger numbers, reaching 5.8 million travelers.
  • Cargo activity at Frankfurt Airport grew by 3.5% during the same month.
  • Aircraft movements at Frankfurt Airport increased slightly, showing a 0.4% rise.
  • Despite these gains, the current passenger numbers are still 12.9% below the figures from 2019.
  • Total passenger traffic across all airports managed by Fraport saw a 0.7% year-on-year rise, totaling approximately 19.4 million passengers in September 2024.
  • Market sentiment for Fraport includes 17 buy recommendations, 7 hold recommendations, and 3 sell recommendations.

A look at Fraport Ag Frankfurt Airport S 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

Based on Smartkarma Smart Scores, the long-term outlook for Fraport AG Frankfurt Airport S is positive. The company scores high in areas such as value, growth, and momentum, indicating strong performance in these factors. With a solid value score of 4, Fraport AG is considered a promising investment option. However, its lower scores in dividend and resilience suggest potential areas of improvement for the company.

Fraport AG Frankfurt Airport S, known for offering airport services worldwide, operates major airports in Frankfurt, Lima, and Antalya. Providing a range of services to both domestic and international carriers, including traffic management and security, the company plays a key role in the global aviation industry. With a strong focus on growth and momentum, Fraport AG is poised for continued success in the long term, despite facing challenges in dividend and resilience aspects.


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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