Investing.com - LATAM Airlines ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
LATAM Airlines ADR announced earnings per share of $-0.85 on revenue of $1.94B. Analysts polled by Investing.com anticipated EPS of $-0.66 on revenue of $1.86B.
LATAM Airlines ADR shares are down 19.51% from the beginning of the year and are trading at $0.33 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
LATAM Airlines ADR follows other major Industrials sector earnings this month
LATAM Airlines ADR's report follows an earnings beat by Deere&Company on February 18, who reported EPS of $2.92 on revenue of $8.53B, compared to forecasts EPS of $2.27 on revenue of $8.28B.
Airbus Group NV had beat expectations on February 17 with fourth quarter EPS of $0.4232 on revenue of $19.32B, compared to forecast for EPS of $0.3568 on revenue of $19.29B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar