Investing.com - Controladora Vuela ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Controladora Vuela ADR announced earnings per share of Mex$-3.42 on revenue of Mex$8.59B. Analysts polled by Investing.com anticipated EPS of Mex$0.799 on revenue of Mex$8.66B.
Controladora Vuela ADR shares are down 24.17% from the beginning of the year, still down 4.77% from its 52 week high of Mex$23.05 set on July 12. They are under-performing 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 missed by FedEx on June 24, who reported EPS of Mex$5.01 on revenue of Mex$22.6B, compared to forecasts EPS of Mex$5.02 on revenue of Mex$21.52B.
Delta Air Lines had beat expectations on Wednesday with first quarter EPS of Mex$-1.07 on revenue of Mex$7.13B, compared to forecast for EPS of Mex$-1.36 on revenue of Mex$6.14B.
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