AEROLÍNEAS

$2.47 Billion in Sales Expected for LATAM Airlines Group (LTM) This Quarter

Analysts forecast that LATAM Airlines Group (NYSE:LTM) will report sales of $2.47 billion for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for LATAM Airlines Group"™s earnings. The highest sales estimate is $2.48 billion and the lowest is $2.46 billion. LATAM Airlines Group reported sales of $2.14 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 15.4%. The business is scheduled to report its next earnings report on Thursday, August 16th.

On average, analysts expect that LATAM Airlines Group will report full-year sales of $11.12 billion for the current year, with estimates ranging from $11.06 billion to $11.17 billion. For the next financial year, analysts anticipate that the firm will report sales of $11.89 billion per share, with estimates ranging from $11.72 billion to $11.99 billion. Zack"™ sales averages are an average based on a survey of sell-side research firms that that provide coverage for LATAM Airlines Group…

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