Controladora Vuela VLRS will release its quarterly earnings report on Tuesday, 2024-10-22. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Controladora Vuela to report an earnings per share (EPS) of $0.15.
The announcement from Controladora Vuela is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Historical Earnings Performance
In the previous earnings release, the company beat EPS by $0.03, leading to a 3.03% increase in the share price the following trading session.
Here's a look at Controladora Vuela's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | -0.17 | 0.38 | 0.22 |
| EPS Actual | 0.09 | 0.29 | 0.96 | -0.34 |
| Price Change % | 3.0% | 2.0% | 0.0% | 1.0% |
Market Performance of Controladora Vuela's Stock
Shares of Controladora Vuela were trading at $7.15 as of October 18. Over the last 52-week period, shares are up 17.84%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Controladora Vuela visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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