• Azul SA AZUL4.SA reported a quarterly adjusted loss of 58 cents​​ per share for the quarter , higher than the same quarter last year, when the company reported EPS of R$-1.03. The mean expectation of four analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -87 centavos to 83 centavos per share.

• Revenue rose 4.3% to R$5.13 billion from a year ago; analysts expected R$5.06 billion.

• Azul SA's reported EPS for the quarter was $1.04​.

• The company reported quarterly net income of $360.3 million.

• Azul SA shares had fallen by 16.7% this quarter and lost 67.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 103.5% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."

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

Wall Street's median 12-month price target for Azul SA is R$8.50

This summary was machine generated from LSEG data November 14 at 08:57 p.m. UTC. ​All figures in Brazilian reais 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)