International Consolidated Airlines (IT:1IAG)
:1IAG
Earnings Data
Report Date
May 08, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.03Last Year’s EPS
0.02Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong, confident financial and operational performance: record operating profit, top‑end margins, double‑digit EPS growth, robust free cash flow, a very healthy balance sheet and expanded shareholder returns. These positives were tempered by several manageable headwinds — FX revenue pressure in early 2026, fuel price volatility, unresolved VAT litigation, engine availability issues affecting some aircraft, and localized competitive and airport charge risks. Management signaled mitigation plans (continued transformation, disciplined capital allocation, and fleet planning) and maintained a positive outlook.Company Guidance
Record Operating Profit and Strong Margin
Reported operating profit of EUR 5.024 billion, up EUR 581 million year-on-year; operating margin at 15.1% (up 1.3 percentage points) — at the top end of the group's 12–15% target range.
Significant EPS and Profit Growth
Adjusted EPS increased 22.4%; adjusted profit after tax rose 17% to EUR 3.3 billion.
High Return on Invested Capital
Return on invested capital (ROIC) reported at 18.5%, demonstrating strong capital efficiency.
Robust Free Cash Flow and Strong Balance Sheet
Generated free cash flow of EUR 3.1 billion after EUR 3.4 billion CapEx; net debt leverage of 0.8x and liquidity in excess of EUR 10 billion; gross debt leverage 1.9x.
Expanded Shareholder Returns
Announced EUR 1.5 billion of excess cash returns (up from EUR 1.0 billion prior year); total dividend for 2025 EUR 448 million; share buybacks reduced weighted average shares by 4.3%.
Strong Airline-level Performance
Iberia: record 16.2% operating margin and ~EUR 1.3 billion operating profit toward EUR 1.4 billion target; British Airways at ~15% margin; Vueling operating profit EUR 393 million with 12% margin; Aer Lingus achieved 11% margin and second-best operating profit on record.
Loyalty Business Growth and Profitability
IAG Loyalty (including Holidays) delivered GBP 469 million profit and 18% margin (management indicates >GBP 500 million excluding VAT dispute impact); Loyalty profit grew by GBP 49 million year-on-year.
Revenue Momentum and Regional Recovery
Passenger unit revenue flat on a reported basis and +1% at constant currency; North Atlantic unit revenues +1.5% CC (Q4 +1.8% CC); Latin America unit revenues +3.3% CC; Asia Pacific capacity +6.4% and unit revenue +4.2%.
Operational and Customer Improvements
British Airways On-Time Performance (OTP) >80% (best since 2014; +20 points vs 2023); Aer Lingus record NPS and best OTP since 2016; ongoing NPS improvements across the group.
Fuel and Sustainability Progress
Fuel costs down ~9.1% year-on-year (partly offset by carbon costs); Sustainable Aviation Fuel (SAF) usage increased to 3.3% of total fuel (from 1.9% in 2024); carbon intensity at 77.5 g CO2/passenger-km, ahead of target.
Disciplined capital planning with visibility on CapEx
2026 CapEx guidance ~EUR 3.6 billion (17 aircraft deliveries); clear multi-year CapEx profile: EUR ~4.9 billion (2027–28) and EUR ~5.6 billion (2029–31) with normalized run-rate ~EUR 4.5 billion from 2032.
Cost Control Progress
Total unit costs improved by 0.4%; transformation initiatives contributing to supplier cost mitigation and operational efficiency.
International Consolidated Airlines (IT:1IAG) Earnings, Revenues Date & History
IT:1IAG 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
IT:1IAG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 27, 2026 | €5.24 | €4.84 | -7.60% |
Nov 07, 2025 | €4.73 | €4.16 | -12.19% |
Aug 01, 2025 | €4.36 | €4.25 | -2.41% |
May 09, 2025 | €3.33 | €3.44 | +3.27% |
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 International Consolidated Airlines (IT:1IAG) report earnings?
International Consolidated Airlines (IT:1IAG) is schdueled to report earning on May 08, 2026, TBA (Confirmed).
What is International Consolidated Airlines (IT:1IAG) earnings time?
International Consolidated Airlines (IT:1IAG) earnings time is at May 08, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is the P/E ratio of International Consolidated Airlines stock?
The P/E ratio of International Consolidated Airlines is N/A.
What is IT:1IAG EPS forecast?
IT:1IAG EPS forecast for the fiscal quarter 2026 (Q1) is 0.03.