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Shares of Azul (NYSE:AZUL) rose 6.1% in pre-market trading after the company reported Q3 results.
Earnings per share fell 215.62% over the past year to ($0.37), which beat the estimate of ($1.18).
Revenue of $149,684,000 decreased by 80.39% year over year, which missed the estimate of $171,580,000.
Azul hasn't issued any earnings guidance for the time being.
Azul hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Nov 16, 2020
Time: 10:00 AM
52-week high: $44.55
52-week low: $5.30
Price action over last quarter: Up 36.55%
Azul SA is primarily involved in air transportation services. The company offers airline passenger and cargo services. It operates daily flights departing from Fort Lauderdale and Orlando also it schedules flights more than 100 destinations through Brazil. The main assets generating revenue of the group are its aircraft, from which revenue is generated in Brazil. Other revenues are basically derived from cargo operations, interest on installment sales, luggage fares, excess luggage, penalties for cancellation of tickets, and all items are directly attributed to air transport services.
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