Gol Intelligent Airlines Q2 Adj EPS $(0.48) Misses $(0.25) Estimate, Sales $837.54M Miss $856.16M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gol Intelligent Airlines (NYSE:GOL) reported Q2 losses of $(0.48) per share, missing the analyst consensus estimate of $(0.07) by 585.71%. However, the company reported quarterly sales of $837.54 million, beating the analyst consensus estimate of $834.88 million by 0.32%. This represents a 26.75% increase over sales from the same period last year.
July 27, 2023 | 12:36 pm
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Gol Intelligent Airlines reported a larger than expected Q2 loss but beat sales estimates. This mixed result could lead to volatility in the stock price.
Gol Intelligent Airlines reported a larger than expected loss for Q2, missing analyst estimates by a significant margin. This negative news could put downward pressure on the stock. However, the company also reported higher than expected sales, which could offset some of the negative impact. The mixed results could lead to volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100