Singapore Airlines on Thursday reported an 82% plunge in second-quarter earnings, missing estimates as losses from its Air India stake and lower interest income weighed on results.
Here's how the carrier performed in the three months ended September compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:
Revenue: 4.89 billion Singapore dollars ($3.76 billion) vs. 4.94 billion Singapore dollars expected
Net profit: 52 million Singapore dollars vs. 181.47 million Singapore dollars expected
Net profit for the first half of the fiscal year also fell to 239 million Singapore dollars, down 67.8% from a year earlier, the company said.
Interest income in the second quarter fell by 42 million Singapore dollars due to lower ca

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