Q: Their 3rd q seems to have handily beat expectations.stock seems cheap.comments please.
5i Research Answer:
EPS of $3.41 was a nice beat over estimates ($2.23). Revenue of $6.34B beat estimates by 4%. Guidance was moved to the top end of the prior range. EBITDA of $1.8B beat by 16%. The travel environment remains robust, though there is concern about a cargo slowdown. International operations were strong and revenue passenger miles rose 14%. The balance sheet remains solid. It was a good quarter for sure.