Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) is reporting second quarter earnings results on Friday 24th July 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.81 per share.
For the full year, analysts predict revenues of $ 860.67 million, while looking forward to loss of $ 1.35 per share.
Previous Quarter Performance
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. announced loss for the first quarter of $ 0.07 per share, from the revenue of $ 391.22 million. The quarterly revenues elevated 2.46 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.17 per share from $ 349.20 million in revenue. The bottom line results beat street analysts by $ 0.1 or 58.82 percent, at the same time, top line results outshined analysts by $ 42.02 million or 12.03 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of VLRS was $ 5.39, representing a 83.33 % increase from the 52 week low of $ 2.94 and a 59.93 % decrease over the 52 week high of $ 13.45.
The company has a market capital of $ 537.24 million and is part of the Industrials sector and Airlines industry.
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Controladora Vuela Compañía de Aviación, S.A.B. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally.
