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LATAM Airlines Group SA Sponsored ADR (LTM)
NYSE:LTM
Earnings Data
Report Date
Apr 30, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.39Last Year’s EPS
1.18Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive performance narrative: significant revenue and profit growth, record customer and employee metrics, robust cash generation, balance sheet improvement and a confident 2026 guidance. The main negative items are a quarter-on-quarter cargo revenue decline (vs an unusually strong prior-year quarter), a temporary rise in unit costs driven by currency moves and one-time wage items, and an end-of-year net debt impact from an early dividend payment. Management frames the cost increases and cargo softness as transitory and points to structural improvements (premium mix, loyalty, fleet and liquidity) that support outlook and guidance.Company Guidance
Strong Revenue and Quarterly Growth
4Q revenues nearly $4.0B, up 16.3% YoY; passenger revenues +20.3% in the quarter; passenger RASK +11.7% in 4Q, demonstrating strong pricing and demand.
Record Annual Profitability
Full-year adjusted operating margin 16.2% (up 3.5 percentage points YoY); adjusted EBITDAR ~ $4.1B (over 30% YoY growth); net income ~$1.5B, up 50% vs 2024; EPS per ADS $4.95.
Robust Cash Generation and Capital Allocation
Adjusted operating cash flow $3.3B in 2025; invested $1.5B CapEx (net of financing); generated ~ $1.4B cash after commitments; executed $585M in share repurchases and distributed ~$605M in dividends while still ending the year with positive cash generation (~$200M).
Balance Sheet Strength and Lower Cost of Debt
Liquidity of $3.7B (25.7% of LTM revenues); adjusted net leverage 1.5x (below prior year and policy max 2x); weighted average cost of debt reduced from 10.7% (2023) to 6.6% (end-2025).
Network and Fleet Expansion
Transported >87M passengers in 2025 (23M in 4Q); capacity growth 8.2% FY (7.7% in 4Q); received 26 aircraft in 2025 (7 in 4Q) bringing fleet to 371 (+7% YoY); launched 22 new routes (15 international).
Premium and Loyalty Momentum
Premium revenues represented 23% of passenger revenues and grew 14% YoY (outpacing total passenger revenue growth of 12%); LATAM PASS ~54M members, accounting for ~60% of passenger revenues, supporting revenue resilience.
Customer and Employee Metrics at Record Levels
Net Promoter Score reached a record 54 points (+3 points vs 2024); Organizational Health Index 83, placing LATAM in top decile of global benchmark.
Confident 2026 Guidance
Guidance: capacity +8–10%, adjusted operating margin 15–17%, adjusted levered free cash flow > $1.7B (vs $1.5B in 2025), liquidity target above $5B; 2026 CapEx net of financing ~$1.7B and 41 aircraft deliveries expected.
LATAM Airlines Group SA Sponsored ADR (LTM) Earnings, Revenues Date & History
LTM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LTM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 03, 2026 | $67.74 | $64.14 | -5.31% |
Nov 14, 2025 | $44.45 | $43.72 | -1.64% |
Jul 28, 2025 | $40.69 | $41.68 | +2.43% |
Apr 28, 2025 | $30.04 | $31.26 | +4.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does LATAM Airlines Group SA Sponsored ADR (LTM) report earnings?
LATAM Airlines Group SA Sponsored ADR (LTM) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).
What is LATAM Airlines Group SA Sponsored ADR (LTM) earnings time?
LATAM Airlines Group SA Sponsored ADR (LTM) earnings time is at Apr 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LTM EPS forecast?
LTM EPS forecast for the fiscal quarter 2026 (Q1) is 1.39.