Photo by Dan Kitwood/Getty ImagesGetty ImagesShares in International Consolidated Airlines hovered higher in Thursday business at the company posted record profits for last year.At 154.15p per share, IAG’s share price was last 0.9% higher on the day.Revenues at the British Airways owner leapt 27.7% year on year in 2023, to €29.5 billion, which the the firm said reflected "strong and sustained demand for travel" Demand was especially strong in the leisure segment, it commented.This meant operating profit (ex ...

British Airways owner International Consolidated Airlines Group SA (LSE:IAG) reported significant growth in underlying profits for the past year, but the fourth quarter was just short of City analyst estimates. For the full 2023 calendar year, operating profit before exceptional items came in at €3.5 billion, more than double the previous year and beating the €3.25 billion made in pre-pandemic 2019. Fourth-quarter operating profit of €502 million were up from €477 million a year ago, but slightly short of t ...

British Airways owner International Consolidated Airlines Group SA (LSE:IAG) (IAG) will offer up full-year results on Thursday, 29 February. Given budget rivals easyJet, Ryanair and Wizz Air have enjoyed recent gains on a faster post-pandemic recovery within the short-haul sector, the update will offer an insight into how premium, longer-distance carriers are faring in comparison. “It is tempting to think that investors are frightened that IAG is losing out in the market share stakes to the low-cost carrier ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being under ...

Investors looking for stocks in the Transportation - Airline sector might want to consider either International Consolidated Airlines Group SA (ICAGY) or Frontier Group Holdings (ULCC) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, January 23:International Consolidated Airlines Group S.A. (ICAGY) : This company which engages in the provision of passenger and cargo transportation services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.International Consolidated Airlines has a price-to-earnings ratio (P/E) of 4.04, compared with 5.30 for the ind ...

British Airways owner International Consolidated Airlines Group SA (LSE:IAG) should get a boost from an increasingly favourable macroeconomic outlook for the aviation sector. According to RBC, a dip in airline fuel costs should offer a roughly 2% boost to the operator’s 2024 pre-tax earnings estimates, which the bank forecast to come in at £3.37 billion. “We certainly see attractions in the IAG investment case,” the bank said in a note, “and now have the most potential upside to our IAG price target among ‘ ...

Bottles from Digby in the Southern reaches of the country are now served on British Airways flightsBritish AirwaysBritish Airways is adding some sparkle into their first class experience with the introduction of a new rotation of all-British bubbles — bright, tight, expressive sparkling wines grown out of English soil.Passengers in Club class (the airline’s first class equivalent) can board, settle into their seats and sip a rotation of five British sparkling wines from five different houses—Digby Fine Engl ...

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Start Time: 03:30 January 1, 0000 4:23 AM ET International Consolidated Airlines Group S.A. (OTCPK:ICAGY) Q3 2023 Earnings Conference Call October 27, 2023, 03:30 AM ET Company Participants Luis Gallego - CEO Nicholas Cadbury - CFO Sean Doyle - Chairman and CEO, British Airways Adam Daniels - Chairman and CEO, IAG Loyalty Lynne Embleton - Chairman and CEO, Aer Lingus Fernando Candela - Chairman and CEO, Iberia Marco Sansavini - Chairman and CEO, Vueling Conference Call Participants Sathish Sivakumar - Citi ...