Investing.com - Controladora Vuela ADR reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Controladora Vuela ADR announced earnings per share of Mex$14 on revenue of Mex$12.8B. Analysts polled by Investing.com anticipated EPS of Mex$9.96 on revenue of Mex$11.88B.
Controladora Vuela ADR shares are up 64.57% from the beginning of the year, still down 13.32% from its 52 week high of Mex$23.58 set on July 16. They are outperforming the EUR/USD which is down 0% from the start of the year.
Controladora Vuela ADR follows other major Transportation sector earnings this month
Controladora Vuela ADR's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of Mex$2.57 on revenue of Mex$5.57B, compared to forecasts EPS of Mex$2.49 on revenue of Mex$5.43B.
Canadian National Railway had beat expectations on Tuesday with third quarter EPS of Mex$1.52 on revenue of Mex$3.59B, compared to forecast for EPS of Mex$1.41 on revenue of Mex$3.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar