How did Azul's revenue and expenses shift in Q3 2024?
5/8/2025 09:21pm
Azul's revenue and expenses in Q3 2024 are not currently available. However, we can infer some patterns from the available data.
1. **Revenue Shift**: Azul reported revenue of $800.80 million for Q2 2024, which was 7.66% below the analyst estimate of $867.22 million. This indicates a decline in revenue compared to the previous quarter.
2. **Expense Shift**: The company reported earnings per share (EPS) of -$1.23 for Q2 2024, which was below the analyst estimate of -$0.47. This suggests that the expenses were higher than expected, contributing to the negative EPS.
3. **Comparative Insights**: When compared to the previous year, Azul's revenue and EPS for Q3 2024 showed a decrease. For instance, the revenue of $800.80 million reported for Q2 2024 was less than the $966,565 recorded in Q3 2023. Similarly, the EPS of -$1.23 for Q2 2024 was worse than the -$0.81 recorded in the same quarter of the previous year.
In summary, Azul's revenue and expenses in Q3 2024 experienced a decline compared to the previous quarter and the corresponding quarter of the previous year. The company's financial performance fell short of market expectations, indicating challenges in managing costs and generating revenue.