• Controladora Vuela Compania de Aviacion SAB de CV VLRS.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -30 cents. The mean expectation of seven analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 12 cents to 30 cents per share.

• Revenue fell 4.1% to $813.00 million from a year ago; analysts expected $805.59 million.

• Controladora Vuela Compania de Aviacion SAB de CV's reported EPS for the quarter was 32 cents​.

• The company reported quarterly net income of $37 million.

• Controladora Vuela Compania de Aviacion SAB de CV shares had risen by 13.3% this quarter and lost 23.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the airlines peer group is also "buy"

Wall Street's median 12-month price target for Controladora Vuela Compania de Aviacion SAB de CV is $12.00

This summary was machine generated from LSEG data October 24 at 02:58 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)