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Latam Airlines Reports Q3 Net Loss

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Latam Airlines Group SA (NYSE: LFL) reported a net loss in the third quarter.

Latam Airlines posted a quarterly loss of $63.7 million. Excluding one-time items, it earned $21.3 million. However, analysts were expecting a loss of $31.8 million.

Its revenue came in at $3.34 billion, while earnings before interest, taxes, depreciation, amortization and rent costs came in at $486.3 million.

Latam Airlines shares closed at $24.27 yesterday.

Posted-In: lossEarnings News

 

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