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OTCMKTS:ICAGY

International Consolidated Airlines Group Q3 2024 Earnings Results & Report

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$12.24 -0.11 (-0.87%)
As of 01:41 PM Eastern

International Consolidated Airlines Group beat analyst expectations on both earnings and revenue in its Q3 2024 results, released November 8, 2024. The company reported EPS of $1.60 versus the $0.55 consensus estimate, while revenue of $10.25 billion topped the $10.21 billion estimate by $42.52 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date

International Consolidated Airlines Group EPS Results

Actual EPS
$1.60
Consensus EPS
$0.55
Beat/Miss
Beat by +$1.05
One Year Ago EPS
N/A
EPS Beat Rate
7 of last 8 quarters

International Consolidated Airlines Group Revenue Results

Actual Revenue
$10.25 billion
Expected Revenue
$10.21 billion
Beat/Miss
Beat by +$42.52 million
YoY Revenue Growth
N/A

Conference Call Resources

International Consolidated Airlines Group Q3 2024 Earnings FAQ

International Consolidated Airlines Group (OTCMKTS:ICAGY) reported earnings of $1.60 per share for Q3 2024, beating the consensus estimate of $0.55. The report was announced on Friday, November 8, 2024.

International Consolidated Airlines Group reported revenue of $10.25 billion for Q3 2024, against a consensus estimate of $10.21 billion.

International Consolidated Airlines Group Earnings Headlines

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About International Consolidated Airlines Group

International Consolidated Airlines Group (OTCMKTS:ICAGY) (IAG) is an airline holding company whose principal activities include passenger and cargo air transportation. Its airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL, which serve customers through scheduled flights and related travel services.

Formed in 2011 through the merger of British Airways and Iberia, IAG is registered in Spain and has major operations in the United Kingdom, Spain and Ireland. Its airlines connect destinations across Europe and serve routes to regions including North America, Latin America, Africa and Asia.

IAG is led by Chief Executive Officer Luis Gallego, who took the role in 2020. The group also provides services related to airline operations, including cargo transportation, and manages the businesses and brands within its portfolio.

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