Controladora Vuela Co Avcn SA CV (VLRS) to Release Quarterly Earnings on Thursday

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) will be announcing its earnings results after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

NYSE VLRS opened at $7.49 on Thursday. The stock has a market capitalization of $769.04 million, a price-to-earnings ratio of -24.97 and a beta of 1.03. Controladora Vuela Co Avcn SA CV has a 12 month low of $4.87 and a 12 month high of $9.31.

Several research analysts have recently issued reports on VLRS shares. Zacks Investment Research downgraded Controladora Vuela Co Avcn SA CV from a “buy” rating to a “hold” rating in a research note on Thursday, October 18th. HSBC raised Controladora Vuela Co Avcn SA CV from a “reduce” rating to a “hold” rating and decreased their price target for the stock from $6.85 to $6.21 in a research note on Thursday, November 29th. ValuEngine raised Controladora Vuela Co Avcn SA CV from a “sell” rating to a “hold” rating in a report on Saturday, October 27th. UBS Group raised Controladora Vuela Co Avcn SA CV from a “sell” rating to a “neutral” rating in a report on Thursday, January 17th. Finally, Imperial Capital downgraded Controladora Vuela Co Avcn SA CV from an “in-line” rating to an “underperform” rating and cut their target price for the stock from $7.00 to $4.50 in a research report on Thursday, November 29th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Controladora Vuela Co Avcn SA CV presently has a consensus rating of “Hold” and a consensus price target of $8.53.

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Controladora Vuela Co Avcn SA CV Company Profile

Controladora Vuela Compañía de Aviación, SAB. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. As of December 31, 2017, the company operated a fleet of 71 Airbus narrow-body aircraft, which include 12 Airbus A319s, 44 A320s, and 10 A321s. It operates approximately 319 daily flight segments on routes that connect 40 cities in Mexico and 27 cities in the United States and Central America.

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Earnings History for Controladora Vuela Co Avcn SA CV (NYSE:VLRS)

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