Investing.com - Controladora Vuela ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Controladora Vuela ADR announced earnings per share of Mex$-7.97 on revenue of Mex$11.76B. Analysts polled by Investing.com anticipated EPS of Mex$-6.25 on revenue of Mex$11.66B.
Controladora Vuela ADR shares are down 37.03% from the beginning of the year, still down 29.98% from its 52 week high of Mex$23.58 set on July 16, 2021. They are under-performing the EUR/USD which is down 0% 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 United Parcel Service on Tuesday, who reported EPS of Mex$3.05 on revenue of Mex$24.38B, compared to forecasts EPS of Mex$2.89 on revenue of Mex$23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of Mex$2.57 on revenue of Mex$5.86B, compared to forecast for EPS of Mex$2.56 on revenue of Mex$5.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar