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4-Traders Homepage  >  Equities  >  Bolsa de valores de Sao Paulo  >  Gol Linhas Aereas Inteligentes SA    GOLL4   BRGOLLACNPR4

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Gol Linhas Aereas Inteligentes : Brazil's Gol shares jump on strong second-quarter outlook

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07/05/2017 | 04:32pm CEST

Shares in Gol Linhas Aéreas Inteligentes jumped on Wednesday after Brazil's largest domestic airline reported higher-than-expected operating margins and profitability in the second quarter.

In a securities filing, Gol said earnings before interest and taxes, a gauge of operating profit known as EBIT, came in between 1.5 percent and 2 percent of net revenue, an increase of around 1,000 basis points from the year before, boosted by stronger revenues and lower fuel costs.

Analysts at UBS Securities led by Rogerio Araujo expected Gol's so-called EBIT margin of -2.1 percent, according to a Wednesday note to clients. The upside surprise drove them to forecast an 8.9 percent full-year EBIT margin, near the higher end of the company's 7 percent-9 percent guidance.

Preferred shares rose as much as 8.2 percent in morning trading, their biggest daily increase since late May. Brazil's benchmark Bovespa stock index <.BVSP> was down 0.7 percent on Wednesday.

Gol's profitability as measured by net passenger revenue per available seat-kilometre, or PRASK, rose between 7.5 percent and 8.0 percent, the filing said.

(Reporting by Ana Mano and Bruno Federowski; Editing by Jonathan Oatis)

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Financials ( BRL)
Sales 2017 10 101 M
EBIT 2017 846 M
Net income 2017 -20,1 M
Debt 2017 8 172 M
Yield 2017 1,45%
P/E ratio 2017 -
P/E ratio 2018 1 583,33
EV / Sales 2017 1,11x
EV / Sales 2018 1,13x
Capitalization 3 071 M
Chart GOL LINHAS AEREAS INTELIGE
Duration : Period :
Gol Linhas Aereas Intelige Technical Analysis Chart | GOLL4 | BRGOLLACNPR4 | 4-Traders
Technical analysis trends GOL LINHAS AEREAS INTELIGE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 9,65  BRL
Spread / Average Target -37%
EPS Revisions
Managers
NameTitle
Paulo Sergio Kakinoff President & Chief Executive Officer
Constantino de Oliveira Chairman
Sérgio Quito Chief Operating Officer & Vice President
Richard Freeman Lark Chief Financial Officer & Vice President
Joaquim Constantino Neto Vice Chairman
Sector and Competitors