Investing.com - Controladora Vuela ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Controladora Vuela ADR announced earnings per share of $-0.4 on revenue of $14.29B. Analysts polled by Investing.com anticipated EPS of $-2.38 on revenue of $14.48B.
Controladora Vuela ADR shares are up 19% from the beginning of the year, still down 55.57% from its 52 week high of $23.32 set on September 23, 2021. They are outperforming the PSI which is up 5.88% from the start of the year.
Controladora Vuela ADR follows other major Industrials sector earnings this month
Controladora Vuela ADR's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.93 on revenue of $6.27B, compared to forecasts EPS of $2.87 on revenue of $6.15B.
Lockheed Martin had missed expectations on Tuesday with second quarter EPS of $1.16 on revenue of $15.45B, compared to forecast for EPS of $6.34 on revenue of $15.99B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar