Core Insights - LATAM Airlines, headquartered in Santiago, Chile, is Latin America's leading airline and has successfully emerged from Chapter 11 bankruptcy on November 3, 2022, after filing on May 26, 2020, as part of a financial restructuring to reduce debt and adapt to COVID-19 challenges [11] - The company emerged with approximately $2.2 billion in liquidity and a 35% reduction in debt, alongside a more resilient operational structure [11] - LATAM is currently rated 1 (Strong Buy) on the Zacks Rank, with a VGM Score of A, indicating strong potential for growth [12] - The Growth Style Score for LATAM is also A, forecasting year-over-year earnings growth of 44.9% for the current fiscal year [12] - Recent upward revisions in earnings estimates by analysts have increased the Zacks Consensus Estimate by $0.56 to $4.68 per share for fiscal 2025 [12] - LATAM has an average earnings surprise of +4%, further solidifying its position as a strong investment opportunity [12] - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, LATAM should be considered a top pick for growth investors [13]
Here's Why LATAM (LTM) is a Strong Growth Stock