With the February reporting season in full swing, investors will be eager to get insights into these travel shares next week.
Flight Centre Travel Group Ltd (ASX: FLT)
Flight Centre is scheduled to release its half-year results on Wednesday, February 26.
These will be important following the promising FY24 results from last year.
Key FY 2024 results
- Total transaction value (TTV) up 8% to $23,744 million
- Revenue margin up 100 basis points to 11.4%
- Operating revenue up 19% to $2,711 million
- Underlying EBITDA up 58% to $478 million
- Underlying profit before tax up 130% to $320 million
- Dividends per share up 122% to 40 cents per share
However, it seems investors were less convinced by these seemingly positive numbers, considering Flight Centre shares have decreased more than 17% over the last 12 months.
What to look for from these travel shares in next week's report
Dividends – Historically, Flight Centre updates dividends in the half-year and full-year results.
Earlier this month, The Motley Fool's Bronwyn Allen covered dividend projections for consumer discretionary shares in 2025, including Flight Centre.
According to the Commsec trading platform, Flight Centre is estimated to pay a dividend yield of approximately 3.07% this year.
Earnings – Amongst earnings and revenue results, investors can look for metrics such as net profit after tax (NPAT).
NPAT is the money a company has left over after it accounts for all costs and expenses, including tax.
Additionally, earnings before interest, taxes, depreciation and amortisation (EBITDA) can help measure profitability, excluding the costs of financing and asset depreciation.
Qantas Airways Ltd (ASX:QAN)
Qantas is scheduled to announce its half-year results for the financial year ending December 31 2024, on Thursday, February 27.
Unlike Flight Centre, Qantas has seen its share price fly "sky high" in the past year, up almost 60% over the last 12 months.
What to look for from these travel shares in next week's report
Dividends – Unlike some other travel shares, there was no dividend declared with Qantas' previous full-year results.
However, the company's financial calendar states that the record date for the interim dividend is set for March 12, subject to a dividend being declared by the Board.
Earnings – It was mixed results last financial year for Qantas who reported an increase in revenue but a decrease in profit before tax.
Shareholders in Qantas will be closely watching these numbers for any movement along with the previously mentioned NPAT and EBITDA.
