Why Shares of Azul Soared This Week
Shares of Brazilian airline (NYSE: AZUL) rose by 10.1% this week to midday on Thursday. The move comes after Azul's well-received first-quarter earnings and outlook for 2023 and 2024.
The earnings report showed the company growing revenue by 40.3% compared to the same period a year ago as the airline enjoyed the benefits of rapidly recovering domestic and international air travel. In addition, Azul reported a substantial improvement in some of its key operating metrics.
For example, available seat kilometers (ASK) increased by 19.1% in the quarter, and management expects a 14% increase for the full year.
Source Fool.com
Azul SA ADR Aktie
2,92 €
-3,95 %
Leichte Kaufstimmung für Azul SA ADR: Mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Azul SA ADR von 11 € würde den aktuellen Kurs von 2.92 € mehr als verdoppeln.
