Azul Q2 2024 Adj. Adjusted EPADR $(1.23) Down From $(0.99) YoY, Sales $800.804M Miss $845.352M Estimate
Portfolio Pulse from Benzinga Newsdesk
Azul (NYSE:AZUL) reported Q2 2024 adjusted losses of $(1.23) per share, a 24.24% increase in losses from $(0.99) per share YoY. Sales were $800.804M, missing the $845.352M estimate by 5.27%, but up 0.39% YoY.

August 12, 2024 | 12:14 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Azul reported Q2 2024 adjusted losses of $(1.23) per share, a 24.24% increase in losses from $(0.99) per share YoY. Sales were $800.804M, missing the $845.352M estimate by 5.27%, but up 0.39% YoY.
Azul's Q2 2024 earnings report shows a significant increase in losses and a miss on sales estimates, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100