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LATAM: 2Q Earnings Snapshot

August 20, 2020 GMT

SANTIAGO, Chile (AP) _ LATAM Airlines Group SA (LTMAQ) on Wednesday reported a loss of $890 million in its second quarter.

The Santiago, Chile-based company said it had a loss of $1.47 per share. Losses, adjusted for restructuring costs, came to 83 cents per share.

The airline posted revenue of $441.7 million in the period.

The company’s shares closed at $1.66. A year ago, they were trading at $8.69.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LTMAQ at https://www.zacks.com/ap/LTMAQ