Back to top

Image: Bigstock

LATAM (LTM) Reports Q3 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

For the quarter ended September 2026, LATAM (LTM - Free Report) reported revenue of $4.57 billion, up 18.4% over the same period last year. EPS came in at $1.44, compared to $1.30 in the year-ago quarter.

The reported revenue represents a surprise of -0.34% over the Zacks Consensus Estimate of $4.58 billion. With the consensus EPS estimate being $1.07, the EPS surprise was +34.58%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how LATAM performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Passenger - ASKs: 47.93 billion compared to the 48.29 billion average estimate based on two analysts.
  • Passenger - RPKs: 40.13 billion compared to the 40.4 billion average estimate based on two analysts.
  • Passenger Load Factor (based on ASKs): 83.7% versus 83.7% estimated by two analysts on average.
  • Cargo Yield based on RTKs: 41.70 Cents versus 38.49 Cents estimated by two analysts on average.
  • Passenger Revenues per ASK: 8.30 Cents versus 8.58 Cents estimated by two analysts on average.
  • Cargo - ATKs: 2.17 billion versus the two-analyst average estimate of 2.21 billion.
  • Cargo Load Factor (based on ATKs): 53.3% versus 51.8% estimated by two analysts on average.
  • Passenger Yield based on RPKs: 10.00 Cents compared to the 10.26 Cents average estimate based on two analysts.
  • Revenue- Passenger: $4 billion compared to the $4.15 billion average estimate based on two analysts. The reported number represents a change of +17.8% year over year.
  • Revenue- Other income: $85.83 million compared to the $78.55 million average estimate based on two analysts. The reported number represents a change of +49.7% year over year.
  • Revenue- Cargo: $483.4 million compared to the $440.79 million average estimate based on two analysts. The reported number represents a change of +19.5% year over year.

View all Key Company Metrics for LATAM here>>>

Shares of LATAM have returned -15.6% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Published in