• Azul SA AZUL.N reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -47 cents. The mean expectation of seven analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 2 cents to 12 cents per share.

• Revenue fell 6.5% to $949.58 million from a year ago; analysts expected $956.59 million.

• Azul SA's reported EPS for the quarter was a loss of $5.84​.

• The company reported a quarterly loss of $676.49 million.

• Azul SA shares had risen by 9.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "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 $4.75

This summary was machine generated from LSEG data February 24 at 02:30 p.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)