AZUL Incurs Q4 Loss, Misses on Revenues, Tweaks '24 View
AZULAzul(AZUL) Zacks Investment Research·2024-04-02 03:06

Azul S.A. (AZUL) incurred a loss of 47 cents per share in the fourth quarter of 2023, wider than the Zacks Consensus Estimate of a loss of 22 cents. Loss per share was 83 cents in the fourth quarter of 2022. Total revenues of 1,015.6millionlaggedtheZacksConsensusEstimateof1,015.6 million lagged the Zacks Consensus Estimate of 1,016.8 million but increased year over year. The year-over-year improvement is due to the robust growth in passenger revenues and a solid contribution from other businesses, especially the continued growth in domestic cargo reve ...