Investing.com - Gol Linhas Aereas ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Gol Linhas Aereas ADR announced earnings per share of -0.89 on revenue of 292.85M. Analysts polled by Investing.com anticipated EPS of -0.9106 on revenue of 300.11M.
Gol Linhas Aereas ADR shares are up 18% from the beginning of the year, still down 21.06% from its 52 week high of 11.30 set on December 7, 2020. They are outperforming the STOXX 600 which is up 9.83% from the start of the year.
Gol Linhas Aereas ADR follows other major Transportation sector earnings this month
Gol Linhas Aereas ADR's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of 2.77 on revenue of 22.69B, compared to forecasts EPS of 1.71 on revenue of 20.56B.
Union Pacific had missed expectations on April 22 with first quarter EPS of 2 on revenue of 5B, compared to forecast for EPS of 2.06 on revenue of 5.05B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar