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Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA)
FRANKFURT:2CDA
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
€0.46Last Year’s EPS
€0.92Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 22, 2024
|% Change Since: 16.28%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Volaris' strong financial performance and resilience amidst operational challenges, such as engine inspections and currency depreciation. The company demonstrated robust profitability, effective cost management, and strategic growth in international markets, albeit with some temporary setbacks related to capacity and maintenance.Company Guidance
In the Volaris Q3 2024 earnings call, several key metrics and strategic guidance points were highlighted. The company reported a significant achievement with a fourth consecutive quarter of net income, boasting an operating revenue of $3.2 billion for the period, which matches the full-year operating revenues of 2023. Despite operational challenges like reducing ASMs by 11% over the past year due to engine inspections, Volaris maintained a strong financial performance. The company's EBIT margin reached 14%, with an EBITDA margin of 34% and a net margin of 6%. Ancillary revenues increased to 51% of total operating revenues, a rise from 34% in 2019, indicating a successful unbundling strategy. The Net Promoter Score improved to 34%, reflecting enhanced customer satisfaction. Volaris also reported an impressive system schedule completion rate of 98.5% and a net debt-to-EBITDA ratio improvement from 3.5x in Q3 2023 to 2.7x in Q3 2024. Looking ahead, the company plans to sustain a capacity growth in the low-to-mid teens annually and maintain prudent capacity management to ensure profitability over market share.Consistent Profitability
Volaris marked its fourth consecutive quarter of net income with an EBIT margin of 14% and EBITDA margin of 34%. The net debt-to-EBITDA ratio improved from 3.5x in Q3 2023 to 2.7x in Q3 2024.
Revenue Milestones
Total operating revenue for Q3 2024 was $813 million, closely matching the full-year operating revenues of 2023 despite a 14% reduction in capacity.
Strong Load Factors and TRASM
The total load factor was 87.4%, with domestic at 90% and international at 83.4%. TRASM increased by 12% to $0.0938.
Ancillary Revenue Growth
Ancillary revenues increased from 34% in 2019 to 51% over the past 12 months, demonstrating effective unbundling of fares.
Improved Customer Satisfaction
Net Promoter Score reached 34%, due to a reduction in mishandled bags, better on-time performance, and fewer complaints.
Strategic International Expansion
Volaris expanded its U.S.-Mexico trans-border market capacity by 11% and launched new routes, leveraging Mexico's return to CAT 1 status.
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Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) Earnings, Revenues Date & History
DE:2CDA 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
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DE:2CDA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 22, 2024 | €6.45 | €6.60 | +2.33% |
| Jul 22, 2024 | €5.65 | €5.70 | +0.88% |
| Apr 23, 2024 | €7.30 | €7.50 | +2.74% |
| Feb 26, 2024 | €6.75 | €6.70 | -0.74% |
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.
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FAQ
When does Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) report earnings?
Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) earnings time?
Controladora Vuela Compania de Aviacion SAB de CV (DE:2CDA) earnings time is at Feb 20, 2025, TBA Not 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 the P/E ratio of Controladora Vuela Compania de Aviacion SAB de CV stock?
The P/E ratio of Controladora Vuela Compania de Aviacion SAB de CV is 4.9.
What is DE:2CDA EPS forecast?
DE:2CDA EPS forecast for the fiscal quarter 2024 (Q4) is €0.46.
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