Chorus Aviation (TSE:CHR) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$351.2m (up 7.3% from 2Q 2023).

• Net income: CA$571.0k (down 90% from 2Q 2023).

• Profit margin: 0.2% (down from 1.7% in 2Q 2023).

• EPS: CA$0.003 (down from CA$0.029 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Chorus Aviation Earnings Insights

Looking ahead, revenue is expected to decline by 6.4% p.a. on average during the next 3 years, while revenues in the Airlines industry in North America are expected to grow by 7.0%.

Performance of the market in Canada.

The company's shares are up 1.6% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Chorus Aviation (1 doesn't sit too well with us) you should be aware of.

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