LATAM Airlines stock heads into November results after Q2 beat

Published on 10/04/2026 at 23:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

LATAM Airlines stock posted Q2 EPS of USD 0.44 versus USD 0.41 consensus on August 4. Eight analysts set a Moderate Buy view and USD 66.27 target.

Latam Airlines, US50046P1057, Illustration mit AI erstellt.

LATAM Airlines (ISIN US50046P1057) closed at USD 47.92 on the NYSE on October 2, 2026, up 0.38 percent from the prior close. The stock now heads toward the company's scheduled third-quarter results on November 3, 2026, after a second-quarter earnings beat documented by MarketBeat on October 3, 2026.

Q2 earnings beat expectations

For the second quarter of 2026, LATAM reported diluted EPS of USD 0.44, compared with USD 0.41 consensus. Revenue reached USD 4.12 billion versus USD 4.06 billion expected, giving investors a clear comparison between operating performance and estimates.

The figures came from results released on August 4, 2026, according to MarketBeat. The quarter remained profitable, but the earnings mix matters because higher fuel costs pressured margins even as passenger demand supported revenue growth.

Capacity grows faster than traffic

LATAM's August 2026 operating report showed passenger capacity up 7.0 percent year over year, while traffic increased 4.7 percent. The resulting load factor was 83.5 percent, down from 85.4 percent in August 2025.

The airline carried 7.9 million passengers in August, 2.6 percent more than a year earlier, and transported 87,000 tons of cargo, up 4.6 percent. These figures were reported in the September 8, 2026 Form 6-K published by StockTitan.

Targets remain above the stock

MarketBeat reported a Moderate Buy consensus from eight research firms, including six buy ratings and two hold ratings. The average 12-month price target is USD 66.27, placing the target 27.69 percent above the October 2 reference price of USD 47.92.

A separate credit signal arrived on September 21, 2026, when S&P Global Ratings raised LATAM's issuer rating to BB+ from BB with a stable outlook. Its analysis cited second-quarter passenger revenue growth of 27.9 percent and a 17.5 percent increase in revenue per available seat kilometer.

November results set the next test

LATAM announced on October 2, 2026, that it will publish third-quarter 2026 results after the market close on November 3, 2026. The company will discuss the figures in a conference call on November 4, 2026, at 8:00 a.m. ET, according to MarketScreener.

LATAM Airlines stock closed at USD 47.92 on October 2, 2026, against a 52-week range of USD 41.41 to USD 70.42. Its market capitalization was USD 13.8 billion, leaving fuel costs, load factors and the November report as the central measures for the next valuation update.