Gol Linhas Aereas Inteligentes SA (BSP:GOLL4) Q3 2024: Everything You Need To Know Ahead Of Earnings

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Nov 06, 2024
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Gol Linhas Aereas Inteligentes SA (BSP:GOLL4, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $4.65 billion, and the earnings are expected to come in at -$2.31 per share. The full year 2024's revenue is expected to be $18.46 billion and the earnings are expected to be -$2.15 per share. More detailed estimate data can be found on the Forecast page.

Gol Linhas Aereas Inteligentes SA (BSP:GOLL4, Financial) Estimate Trends

Revenue estimates for Gol Linhas Aereas Inteligentes SA (BSP:GOLL4) have declined from $19.07 billion to $18.46 billion for the full year 2024 and increased from $20.42 billion to $20.66 billion for 2025 over the past 90 days. Earnings estimates for Gol Linhas Aereas Inteligentes SA (BSP:GOLL4) have declined from $2.10 per share to -$2.15 per share for the full year 2024 and declined from $1.07 per share to -$0.76 per share for 2025 over the past 90 days.

Gol Linhas Aereas Inteligentes SA (BSP:GOLL4, Financial) Reported History

In the previous quarter of 2024-06-30, Gol Linhas Aereas Inteligentes SA's (BSP:GOLL4) actual revenue was $3.94 billion, which beat analysts' revenue expectations of $3.88 billion by 1.55%. Gol Linhas Aereas Inteligentes SA's (BSP:GOLL4) actual earnings were -$0.27 per share, which beat analysts' earnings expectations of -$2.02 per share by 86.83%. After releasing the results, Gol Linhas Aereas Inteligentes SA (BSP:GOLL4) was flat in one day.

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Gol Linhas Aereas Inteligentes SA (BSP:GOLL4, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 3 analysts, the average target price for Gol Linhas Aereas Inteligentes SA (BSP:GOLL4) is $1.03 with a high estimate of $1.10 and a low estimate of $1.00. The average target implies a downside of -7.74% from the current price of $1.12.

Based on GuruFocus estimates, the estimated GF Value for Gol Linhas Aereas Inteligentes SA (BSP:GOLL4, Financial) in one year is $9.39, suggesting an upside of 738.39% from the current price of $1.12.

Based on the consensus recommendation from 4 brokerage firms, Gol Linhas Aereas Inteligentes SA's (BSP:GOLL4, Financial) average brokerage recommendation is currently 4.0, indicating an "Underperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.