Investing.com - Gol Linhas Aereas ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Gol Linhas Aereas ADR announced earnings per share of -2.77 on revenue of 3.2B. Analysts polled by Investing.com anticipated EPS of -0.5713 on revenue of 613.42M.
Gol Linhas Aereas ADR shares are down 19% from the beginning of the year and are trading at 3.480 , down-from-52-week-high.They are under-performing the BEL 20 which is down 12.41% from the start of the year.
Gol Linhas Aereas ADR shares lost 1.83% in pre-market trade after the report.
Gol Linhas Aereas ADR follows other major Industrials sector earnings this month
Gol Linhas Aereas ADR's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of 3.29 on revenue of 24.77B, compared to forecasts EPS of 3.16 on revenue of 24.65B.
Union Pacific had beat expectations on Thursday, July 21, 2022 with second quarter EPS of 2.93 on revenue of 6.27B, compared to forecast for EPS of 2.84 on revenue of 6.12B.
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