UPDATE: Gol Intelligent Airlines Q2 Adj EPS $(0.48) Misses $(0.25) Estimate, Sales $837.54M Miss $856.16M Estimate
Portfolio Pulse from Happy Mohamed
Gol Intelligent Airlines (NYSE:GOL) reported Q2 losses of $(0.48) per share, missing the analyst consensus estimate of $(0.25) by 92%. The company also reported quarterly sales of $837.54 million, missing the analyst consensus estimate of $856.16 million by 2.17%. However, this represents a 26.75% increase over sales from the same period last year.
July 27, 2023 | 2:13 pm
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NEGATIVE IMPACT
Gol Intelligent Airlines reported Q2 losses and sales that missed analyst estimates. This could negatively impact the company's stock in the short term.
Gol Intelligent Airlines reported Q2 earnings that missed analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100