Azul's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Azul (NYSE:AZUL) is scheduled to release its quarterly earnings report on March 28, 2024, with an estimated EPS of $0.14. Analysts and investors are keen on whether Azul will surpass this estimate and provide positive guidance for the next quarter. Azul's past earnings performance shows a pattern of not meeting EPS estimates, leading to significant price changes. Shares of Azul have increased by 19.3% over the last 52 weeks, trading at $8.4 as of March 26.
March 27, 2024 | 2:01 pm
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Azul is anticipated to report a quarterly EPS of $0.14 on March 28, 2024. Historical data shows missed EPS estimates can significantly affect its stock price. Shares have risen 19.3% over the past year.
Azul's upcoming earnings report is crucial as past performances indicate that missing EPS estimates can lead to notable stock price adjustments. However, the stock has shown resilience with a 19.3% increase over the last year, indicating a positive outlook among long-term investors. The anticipation of whether Azul will meet or exceed the EPS estimate and provide favorable future guidance makes this event significant for short-term price movements. The score is neutral due to the uncertainty surrounding the earnings outcome and its potential impact.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100