SIA Earnings: Singapore Airlines September Passenger Load Factor at 86.1% with Increased Cargo and Passenger Volumes

Singapore Airlines on Smartkarma

According to Neil Glynn, an analyst on Smartkarma, Singapore Airlines‘ upcoming fourth quarter is likely to reflect a trend of earnings normalization as the focus turns to fiscal year 2025. Glynn’s bearish sentiment underscores the expectation that SIA’s earnings will continue to normalize from previous peaks, with FY25 forecasts estimating a significant deviation from consensus. The looming 4Q24 report, set for 15th May, is anticipated to disappoint as the airline grapples with inflationary pressures, particularly notable in the APAC region. Glynn’s insights suggest that SIA’s financial performance is headed for further normalization in the upcoming fiscal year.

A look at Singapore Airlines Smart Scores

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

Smartkarma Smart Scores indicate a positive long-term outlook for Singapore Airlines. With top scores in Dividend and Growth, the company’s ability to provide consistent dividends and potential for expansion are strong. Additionally, its Resilience score suggests a robust ability to weather challenges, boosting investor confidence in its stability. While Value and Momentum scores are moderate, the overall outlook remains promising for Singapore Airlines.

Singapore Airlines Limited, a company offering air transportation services globally, including in regions such as Asia, Europe, the Americas, South West Pacific, and Africa, shows a favorable outlook based on its Smartkarma Smart Scores. With a solid foundation in dividend payments and growth prospects, coupled with resilience in tough times, Singapore Airlines appears positioned for long-term success in the competitive airline industry.

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