Investing.com - Gol Linhas Aereas ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gol Linhas Aereas ADR announced earnings per share of 1.62 on revenue of 1.03B. Analysts polled by Investing.com anticipated EPS of -0.9038 on revenue of 194.46M.
Gol Linhas Aereas ADR shares are up 13% from the beginning of the year and are trading at 8.520 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 15.77% from the start of the year.
Gol Linhas Aereas ADR shares gained 0.24% in pre-market trade after the report.
Gol Linhas Aereas ADR follows other major Transportation sector earnings this month
Gol Linhas Aereas ADR's report follows an earnings beat by Canadian National Railway on Tuesday, July 20, 2021, who reported EPS of 1.49 on revenue of 3.6B, compared to forecasts EPS of 1.48 on revenue of 3.65B.
Old Dominion Freight Line had beat expectations on Wednesday with second quarter EPS of 2.31 on revenue of 1.32B, compared to forecast for EPS of 2.17 on revenue of 1.25B.
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