Controladora Vuela Q3 EPADS $(0.33) Misses $0.22 Estimate, Sales $848.00M Miss $853.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Controladora Vuela (NYSE:VLRS) reported Q3 losses of $0.33 per share, missing the analyst consensus estimate of $0.22 by 250%. This is a 210% decrease from the same period last year. The company also reported quarterly sales of $848.00 million, missing the analyst consensus estimate of $853.32 million by 0.62%. However, this is a 10.27% increase from the same period last year.
October 25, 2023 | 6:34 am
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Controladora Vuela's Q3 results missed estimates, with a significant decrease in earnings compared to the same period last year. However, sales increased by 10.27% compared to last year.
Controladora Vuela's Q3 results missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price. However, the increase in sales compared to the same period last year could mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100