Investing.com - AirAsia X reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
AirAsia X announced earnings per share of 81.04 on revenue of 113.0M. Analysts polled by Investing.com anticipated EPS of 81.04 on revenue of 113M.
AirAsia X shares are down 46.39% from the beginning of the year, still down 54.29% from its 52 week high of 1.05 set on October 13, 2021. They are under-performing the Nasdaq which is down 24.67% from the start of the year.
AirAsia X follows other major Industrials sector earnings this month
AirAsia X's report follows an earnings beat by Sime Darby on August 17, who reported EPS of 0.0485 on revenue of 10.85B, compared to forecasts EPS of 0.0389 on revenue of 10.55B.
Malaysia Airport had missed expectations on August 25 with second quarter EPS of -0.044 on revenue of 689.8M, compared to forecast for EPS of -0.0343 on revenue of 804.6M.
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