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LATAM Airlines Q3 Adjusted Net Income, Revenue Increase; Adjusts Full-Year Sales Guidance
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LATAM Airlines Q3 Adjusted Net Income, Revenue Increase; Adjusts Full-Year Sales Guidance
Nov 9, 2024 11:56 AM

05:24 AM EST, 11/07/2024 (MT Newswires) -- LATAM Airlines ( LTM ) reported Q3 adjusted net income late Wednesday of $338.5 million, up from $270.2 million a year earlier.

Two analysts polled by Capital IQ expected $195.9 million.

Operating revenue for the quarter that ended Sept. 30 was $3.29 billion, up from $3.06 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.39 billion.

The company now expects full-year 2024 revenue of $12.9 to $13.1, compared with its previous guidance of $12.8 billion to $13.1 billion. Analysts polled by Capital IQ expect $13.15 billion.

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