Grupo Aeromexico Q3 Earnings Fall, Revenue Rises

MT Newswires Live10-20

Grupo Aeromexico (AERO) reported Q3 earnings late Monday of $0.28 per diluted American Depositary share, down from $0.71 a year earlier.

Analysts polled by FactSet expected $0.31.

Revenue for the quarter ended Sept. 30 was $1.62 billion, up from $1.43 billion a year earlier.

Analysts expected $1.62 billion.

The company expects Q4 revenue growth of 14.0% to 16.0% and full-year revenue growth of 13.5% to 14.5%.

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