Bullish indicating open at $55-$60, IPO prices at $37
Investing.com - AirAsia X reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
AirAsia X announced earnings per share of 81.04 on revenue of 113.0M. Analysts polled by Investing.com EPS of 81.04 on revenue of 113M.
AirAsia X 's are down 46.39% and is trading at 0.480 , still down 54.29% from its 52 week high of 1.05 set on Wednesday, October 13, 2021.
AirAsia X follows other major Industrials sector earnings this month
AirAsia X's report follows an earnings beat by Sime Darby on Wednesday, August 17, 2022, who reported EPS of 0.0485 on revenue of 10.85B, EPS of 0.0389 on revenue of 10.55B.
Malaysia Airport had missed expectations on Thursday, August 25, 2022 with second quarter EPS of -0.044 on revenue of 689.8M, for EPS of -0.0343 on revenue of 804.6M.
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