Qantas Airways Limited (QUBSF)
OTHER OTC:QUBSF
Earnings Data
Report Date
Aug 20, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.34Last Year’s EPS
0.32Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: solid underlying profit and EPS growth, strong operating cash flow, accelerating fleet renewal with tangible benefits (notably at Jetstar), robust domestic performance and continued Loyalty momentum, alongside increased shareholder distributions. However, the positive narrative is tempered by meaningful near-term cost pressures—engineering, labor (including Same Job Same Pay), higher depreciation from accelerated fleet investment, unfavorable FX, and a weaker-than-expected International EBIT performance. Management has provided sensible mitigation actions (capacity redeployments, portfolio rationalization, focus on capital allocation) and clear guidance on capex and RASK outlooks.Company Guidance
Underlying Profit and EPS Growth
Underlying profit before tax (H1 FY26) was $1.46 billion, up 5% year-on-year. Underlying earnings per share were $0.68, up 7% versus the prior comparable half.
Strong Operating Cash Flow and Capital Returns
Operating cash flow was $1.8 billion for the half. The Board approved an interim shareholder distribution of up to $450 million comprising a fully franked base dividend of $300 million (increase of $50 million) and an on-market share buyback of up to $150 million.
Domestic Business Outperformance
Group Domestic EBIT exceeded $1 billion, up 14% year-on-year, with a Group Domestic EBIT margin of 18%. Group Domestic capacity grew 5% and Group RASK was up 3%, supported by strong leisure and business travel demand.
Jetstar Fleet Benefits and Earnings Surge
Jetstar Domestic earnings increased 38% with an EBIT margin of 22%. New A321LR/A320neo fleet at scale contributed significantly: investment in A321LRs accounted for approximately 60% of Jetstar's earnings uplift via efficiency, better utilization and lower fuel/maintenance per seat.
Loyalty Program Momentum
Qantas Loyalty underlying EBIT was $286 million, up 12% year-on-year. Points earned increased (~+10 points) and points redeemed grew 17%. Qantas Frequent Flyer membership exceeded 18 million members. Management announced material program enhancements (status credit rollover and earning status through everyday spend).
Fleet Renewal Acceleration
Group invested $1.8 billion in fleet and projects in the half; 18 aircraft joined the fleet (9 new deliveries including A321XLRs, A220s and A320neo). Net capital expenditure for H1 was $1.8 billion with FY26 capex guidance of $4.1–4.3 billion and FY27 guidance of $5.1–5.4 billion to reflect accelerated fleet renewal (including first Project Sunrise aircraft).
Operational and Reputational Improvements
Qantas Net Promoter Score improved by 5 points and Jetstar by 4 points. On-time performance: Qantas 70% (highest among major domestic airlines) and Jetstar 71%, reflecting operational improvements tied to fleet and investment.
Balance Sheet and Financial Framework
Net debt ended the half at $5.6 billion, at the bottom of the FY26 target range ($5.6–7.0 billion). Management reiterated a financial framework prioritizing low leverage, liquidity and investment-grade rating and confirmed capital recycling and portfolio focus (closure of Jetstar Asia and intent to sell stake in Jetstar Japan).
QUBSF 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
QUBSF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $7.38 | $7.15 | -3.12% |
Aug 27, 2025 | $6.77 | $7.25 | +7.04% |
Feb 26, 2025 | $5.32 | $5.34 | +0.43% |
Aug 28, 2024 | $3.87 | $3.89 | +0.46% |
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 Qantas Airways Limited (QUBSF) report earnings?
Qantas Airways Limited (QUBSF) is schdueled to report earning on Aug 20, 2026, TBA (Confirmed).
What is Qantas Airways Limited (QUBSF) earnings time?
Qantas Airways Limited (QUBSF) earnings time is at Aug 20, 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 QUBSF EPS forecast?
QUBSF EPS forecast for the fiscal quarter 2026 (Q4) is 0.34.