Controladora Vuela Co Avcn SA CV (VLRS) Set to Announce Quarterly Earnings on Thursday

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) is scheduled to announce its earnings results after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $0.33 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) last announced its quarterly earnings data on Thursday, July 25th. The transportation company reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.09. The business had revenue of $435.00 million for the quarter, compared to analyst estimates of $412.00 million. Controladora Vuela Co Avcn SA CV had a net margin of 3.32% and a return on equity of 15.86%. 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.

Shares of VLRS stock opened at $10.64 on Wednesday. The company’s fifty day simple moving average is $10.27 and its 200-day simple moving average is $9.57. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 8.46. The firm has a market cap of $1.09 billion, a PE ratio of -30.40 and a beta of 1.26. Controladora Vuela Co Avcn SA CV has a 12 month low of $5.15 and a 12 month high of $10.99.

A number of analysts have recently commented on VLRS shares. Bradesco Corretora reissued a “neutral” rating and issued a $11.00 price objective on shares of Controladora Vuela Co Avcn SA CV in a research report on Tuesday, September 17th. Citigroup set a $12.00 price objective on shares of Controladora Vuela Co Avcn SA CV and gave the stock a “buy” rating in a research report on Monday, July 15th. ValuEngine lowered shares of Controladora Vuela Co Avcn SA CV from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 1st. Barclays raised shares of Controladora Vuela Co Avcn SA CV from an “equal weight” rating to an “overweight” rating in a research report on Monday, July 29th. Finally, Zacks Investment Research raised shares of Controladora Vuela Co Avcn SA CV from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Saturday, October 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average 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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