Benzinga | Aug 12, 2020 10:59AM EDT

Earnings Preview for Azul

Azul (NYSE: AZUL) unveils its next round of earnings this Thursday, August 13. Get prepared with Benzinga's ultimate preview for Azul's Q2 earnings.

Earnings and Revenue

Based on management's projections, Azul analysts modeled for a loss of $1.22 per share on sales of $94.82 million. Azul earnings in the same period a year ago was $0.78 per share. Quarterly sales came in at $654.42 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be down 256.41%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.24 0.92 0.69 0.24EPS Actual -0.37 0.23 0.32 0.78Revenue Estimate 547.45 M 723.34 M 778.61 M 703.67 MRevenue Actual 633.40 M 780.46 M 763.48 M 654.42 M

Stock Performance

Over the last 52-week period, shares are down 65.18%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Azul is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://webcastlite.mziq.com/cover.html?webcastId=1b9135f7-e515-4bf2-8799-9f9f6fc49f1e