Controladora Vuela Q2 EPADS $0.05 Misses $0.23 Estimate, Sales $782.00M Miss $797.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Controladora Vuela (NYSE:VLRS) reported Q2 earnings of $0.05 per share, missing the analyst consensus estimate of $0.23 by 78.26%. The company also reported quarterly sales of $782.00 million, missing the analyst consensus estimate of $797.71 million by 1.97%. However, these figures represent an increase over the same period last year.
July 25, 2023 | 5:20 am
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NEGATIVE IMPACT
Controladora Vuela's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term. However, the YoY increase might mitigate some of the negative impact.
The company's earnings and sales missed analyst estimates, which is typically a negative signal for investors and can lead to a decrease in the stock price. However, the YoY increase in earnings and sales might be seen as a positive sign by some investors, potentially mitigating some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100