Investing.com - Gol Linhas Aereas ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gol Linhas Aereas ADR announced earnings per share of 6.58 on revenue of 3.2B. Analysts polled by Investing.com anticipated EPS of -0.0628 on revenue of 568.51M.
Gol Linhas Aereas ADR shares are down 2.95% from the beginning of the year and are trading at 5.930 , down-from-52-week-high.They are outperforming the S&P 500 which is down 11.36% from the start of the year.
Gol Linhas Aereas ADR shares gained 0.51% in intra-day trade following 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 3.05 on revenue of 24.38B, compared to forecasts EPS of 2.89 on revenue of 23.82B.
Union Pacific had beat expectations on Thursday, April 21, 2022 with first quarter EPS of 2.57 on revenue of 5.86B, compared to forecast for EPS of 2.56 on revenue of 5.71B.
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