Earnings Alerts

Turk Hava Yollari Ao (THYAO) Earnings Soar: 2Q Net Income Climbs to 30.40B Liras, Sales Up 70%

  • Net Income Surge: Turkish Airlines reported a second-quarter net income of 30.40 billion liras.
  • Year-over-Year Comparison: This represents a significant increase from the 13.8 billion liras in net income reported in the same quarter last year.
  • Sales Growth: The company’s sales reached 182.88 billion liras, marking a 70% increase compared to the previous year.
  • Analyst Recommendations: There are currently 17 buy ratings, 2 hold ratings, and no sell ratings for Turkish Airlines.

A look at Turk Hava Yollari Ao Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth5
Resilience2
Momentum2
OVERALL SMART SCORE3.0

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, Turk Hava Yollari Ao, also known as Turkish Airlines, shows a promising long-term outlook. The company scores high in Value and Growth, indicating strong potential in terms of its financial health and ability to expand. However, it lags in Dividend, Resilience, and Momentum scores, suggesting some weaknesses in its dividend payout, ability to withstand economic shocks, and short-term price performance.

Turkish Airlines, also known as Turk Hava Yollari Anonim Ortakligi, operates in various regions including the Middle East, North America, Europe, Asia, North Africa, and South Africa. With a strong focus on passenger and cargo air transportation services, the company plays a significant role in connecting domestic and international destinations. Despite some challenges indicated by the Smart Scores, Turk Hava Yollari Ao‘s strategic position in the aviation industry supports a positive long-term outlook.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars