Controladora Vuela Co Avcn SA CV (VLRS) Scheduled to Post Quarterly Earnings on Thursday

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) is set to post its quarterly earnings results after the market closes on Thursday, October 24th. Analysts expect Controladora Vuela Co Avcn SA CV to post earnings of $0.33 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) last released its quarterly earnings results on Thursday, July 25th. The transportation company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.09. The business had revenue of $435.00 million during the quarter, compared to the consensus estimate of $412.00 million. Controladora Vuela Co Avcn SA CV had a return on equity of 15.86% and a net margin of 3.32%. On average, analysts expect Controladora Vuela Co Avcn SA CV to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE:VLRS opened at $10.68 on Tuesday. The company has a market capitalization of $1.08 billion, a PE ratio of -30.51 and a beta of 1.26. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 8.46. Controladora Vuela Co Avcn SA CV has a 52-week low of $5.15 and a 52-week high of $10.99. The stock has a fifty day simple moving average of $10.23 and a 200-day simple moving average of $9.56.

Several research analysts have recently issued reports on the company. ValuEngine downgraded Controladora Vuela Co Avcn SA CV from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 1st. Bradesco Corretora reaffirmed a “neutral” rating and set a $11.00 price target on shares of Controladora Vuela Co Avcn SA CV in a research note on Tuesday, September 17th. Citigroup set a $12.00 price target on Controladora Vuela Co Avcn SA CV and gave the stock a “buy” rating in a research note on Monday, July 15th. Zacks Investment Research raised Controladora Vuela Co Avcn SA CV from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Saturday, October 12th. Finally, Barclays raised Controladora Vuela Co Avcn SA CV from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $10.84.

Controladora Vuela Co Avcn SA CV Company Profile

Controladora Vuela Compañía de Aviación, SAB. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. As of December 31, 2018, the company operated a fleet of 77 Airbus narrow-body aircraft, which include 8 Airbus A319s, 55 A320s, and 14 A321s. It operates approximately 394 daily flight segments on routes that connect 40 cities in Mexico and 26 cities in the United States and Central America.

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Earnings History for Controladora Vuela Co Avcn SA CV (NYSE:VLRS)

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