- Profit Performance: Qantas achieved an underlying pretax profit of A$2.08 billion, aligning exactly with market estimates.
- Revenue: The company’s revenue and other income totaled A$21.94 billion, slightly below the estimated A$22.02 billion.
- Overall Earnings: Underlying EBIT stood at A$2.28 billion.
- Qantas Domestic: Reported an underlying EBIT of A$1.06 billion, slightly above the estimate of A$1.05 billion.
- Qantas International: Achieved an underlying EBIT of A$556 million, surpassing the expected A$508.4 million.
- Jetstar: Recorded an underlying EBIT of A$497 million, below the estimate of A$569.9 million.
- Qantas Loyalty: Reported an underlying EBIT of A$511 million, slightly above the estimated A$508.8 million.
- Fuel Cost: Spent A$5.32 billion on fuel, which is below the expected A$5.42 billion.
- Return on Invested Capital: Achieved a remarkable +57.9% return.
- Net Free Cash Flow: Generated a net free cash flow of A$554 million.
- Analyst Ratings: 13 buys, 3 holds, and no sell recommendations.
A look at Qantas Airways Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
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 the Smartkarma Smart Scores, Qantas Airways seems to have a promising long-term outlook. With a high Growth score of 5, the company is evidently positioned for strong expansion and development in the future. This indicates that Qantas Airways is likely to see significant progress and innovation in its operations, potentially leading to increased market share and profitability.
Furthermore, Qantas Airways holds a solid Momentum score of 4, suggesting that the company is in a good position to maintain its positive performance trends. This momentum factor, coupled with the high Growth score, indicates that Qantas Airways could continue to build on its current success and navigate challenges effectively in the long run. While there are areas for improvement in terms of Value, Dividend, and Resilience scores, the strong Growth and Momentum scores bode well for the overall outlook of Qantas Airways as it moves forward.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
