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International Consolidated Airlines Group, S.A. (ICAGY)
:ICAGY
RESEARCH TOOLSreports
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.04Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: -20.82%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance for IAG, with record-breaking profit and revenue growth, robust cash flow generation, and significant shareholder returns. However, challenges such as industrial actions at Aer Lingus, increased non-fuel unit costs, and legal expenses slightly tempered these achievements. Despite these issues, the company maintained a strong balance sheet and reduced net debt, indicating a positive outlook.Company Guidance
In the call, International Airlines Group (IAG) outlined its strong fiscal year 2024 performance metrics and guidance for the future. The company reported a 9% increase in revenue, reaching €32 billion, and a 27% rise in operating profits to €4.4 billion, resulting in an industry-leading operating margin of 13.8%. Free cash flow after investments was nearly €3.6 billion, with the company planning a sustainable ordinary dividend and a €1 billion share buyback within the next 12 months. IAG's return on invested capital was an impressive 17.3%, surpassing its target range of 13% to 16%. The group experienced robust demand across core markets, particularly in North America, where unit revenue increased by 6.2% in the fourth quarter. Looking ahead to 2025, IAG anticipates a capacity growth of around 3% and expects unit costs to rise by 2.6% due to inflation and foreign exchange impacts. The company's strategic focus remains on strengthening its core business, expanding higher-margin asset-light operations, and delivering sustainable earnings growth.Record Operating Profit and Revenue Growth
International Airlines Group (IAG) achieved a record operating profit of €4.4 billion, up nearly €1 billion from the previous year, and revenue growth of 9% during the fiscal year 2024.
Strong Free Cash Flow Generation
IAG generated almost €3.6 billion of free cash flow after investing €2.8 billion in the business, demonstrating robust cash flow management.
High Operating Margins
The group secured a structural step-up in operating margins to an industry-leading 13.8%, with British Airways' margin at 14.2% and Iberia achieving over €1 billion in operating profit for the first time.
IAG Loyalty's Impressive Growth
IAG Loyalty delivered a profit of £420 million, growing by over 40%, and became the third-largest operating company by profit within the group.
Commitment to Shareholder Returns
IAG announced a sustainable ordinary dividend and plans to return up to €1 billion of excess capital to shareholders in the next 12 months.
Reduction in Net Debt
The company reduced its net debt by over €1.7 billion compared to the previous year, achieving a net leverage of 1.1 times, well below its target of 1.8 times.
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International Consolidated Airlines (ICAGY) Earnings, Revenues Date & History
ICAGY 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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ICAGY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | $8.55 | $8.87 | +3.74% |
| Nov 08, 2024 | $5.69 | $6.07 | +6.68% |
| Aug 02, 2024 | $4.04 | $4.23 | +4.70% |
| May 10, 2024 | $4.51 | $4.47 | -0.89% |
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 International Consolidated Airlines Group, S.A. (ICAGY) report earnings?
International Consolidated Airlines Group, S.A. (ICAGY) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is International Consolidated Airlines Group, S.A. (ICAGY) earnings time?
International Consolidated Airlines Group, S.A. (ICAGY) earnings time is at May 09, 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 ICAGY EPS forecast?
ICAGY EPS forecast for the fiscal quarter 2025 (Q1) is -0.02.
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