Controladora Vuela Expects FY23 Operating Revenue Of $3.2B-$3.4B Vs. $3.32B Consensus; ASM Growth Of ~13%; EBITDAR Margin Of 29% To 31%
Portfolio Pulse from Benzinga Newsdesk
Controladora Vuela has updated its FY23 guidance, expecting an operating revenue of $3.2B-$3.4B, which is in line with the consensus of $3.32B. The company also anticipates an ASM growth of approximately 13%, and an EBITDAR margin of 29% to 31%.
July 25, 2023 | 5:28 am
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Controladora Vuela's updated FY23 guidance aligns with consensus estimates, which may reassure investors and potentially stabilize the stock.
The company's updated FY23 guidance is in line with consensus estimates, which may reassure investors about the company's future performance. This could potentially stabilize the stock in the short term, as it reduces uncertainty.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100