Caesars Entertainment misses Q2 earnings expectations, shares edge lower
Investing.com - Azul reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Azul announced earnings per share of R$-0.72 on revenue of R$4.4B. Analysts polled by Investing.com EPS of R$-4.07 on revenue of R$4.33B.
Azul 's are down 16.92% and is trading at R$7.40 , still down 57.62% from its 52 week high of R$17.46 set on Wednesday, February 16, 2022.
Azul shares lost 15.97% to trade at R$7.40 in intra-day trade the report.
Azul follows other major Industrials sector earnings this month
Azul's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of R$2.99 on revenue of R$24.59B, EPS of R$2.86 on revenue of R$24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of R$2.25 on revenue of R$8.95B, for EPS of R$2.16 on revenue of R$8.99B.
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