Singapore Airlines (SIA) Earnings: Strong Passenger Load Factor at 85.7% and Impressive Growth Metrics

Singapore Airlines on Smartkarma

Analyst coverage of Singapore Airlines on Smartkarma indicates a bearish sentiment, as highlighted by Neil Glynn in the research report “Singapore Airlines – 4Q Likely to Extend the Theme of Earnings Normalization as FY25 Comes into View.” Glynn predicts that the upcoming 4Q24 earnings report will underscore the trend of earnings normalizing from previous high levels. He forecasts that Singapore Airlines‘ FY25 earnings will be approximately 20% lower than the consensus estimates at the operating level. The report also mentions the significant inflationary pressure experienced by Singapore Airlines compared to other APAC region airlines.

As per Neil Glynn‘s insights on Smartkarma, Singapore Airlines is expected to deliver disappointing 4Q24 results on 15 May, further continuing the trend of earnings normalization. The forecasts for FY25 also suggest a similar downward trajectory in earnings, with projections approximately 20% below the consensus at the operating level. This analysis provides valuable information for investors looking to gauge the financial performance and future prospects of Singapore Airlines amidst challenging market conditions.

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

Based on the Smartkarma Smart Scores, Singapore Airlines is positioned for a positive long-term outlook. With a strong score of 5 in both the Dividend and Growth categories, the company demonstrates a commitment to rewarding shareholders while also showing potential for expansion and development. Additionally, Singapore Airlines scores well in Resilience and Momentum, receiving a 4 in both areas, indicating that the company is robust and has positive market momentum to capitalize on.

Overall, Singapore Airlines Limited, a leading provider of air transportation and related services, appears well-positioned for sustained growth and stability in the aviation industry. With a diversified operational footprint across various continents and a solid performance across key Smartkarma Smart Scores criteria, investors may see Singapore Airlines as a reliable investment choice for the long term.

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