Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Expeditors International of Washington, Inc. (EXPD) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Expeditors International of Washington, Inc. (EXPD) - free report >>
Image: Bigstock
Gol Linhas' (GOL) Q4 View Upbeat on Improved Air-Travel Demand
Gol Linhas Aereas Inteligentes provided its expectations for the fourth quarter of 2021. The company’s quarterly performance is expected to have been aided by improved air-travel demand in Brazil and the resumption of international operations in November 2021.
For the fourth quarter of 2021, Gol Linhas anticipates EBITDA margin to be approximately 35%, while it expects EBIT margin to be around 28%. GOL estimates average fuel price per liter to be R$4.11.
Gol Linhas predicts passenger revenue per available seat kilometers to increase 35% year over year in the fourth quarter. It expects cost per available seat kilometers, excluding fuel, to decrease 12% from the fourth quarter of 2020. Total demand, measured in revenue passenger kilometers, is forecast to increase 15.4% year over year in the fourth quarter. Total capacity, measured in available seat kilometers, is expected to climb 13.2% year over year in the same period. GOL estimates total number of seats to increase 20.9% year over year in the fourth quarter.
Gol Linhas is slated to release fourth-quarter 2021 earnings numbers on Feb 17.
Gol Linhas Aereas Inteligentes S.A. Price
Gol Linhas Aereas Inteligentes S.A. price | Gol Linhas Aereas Inteligentes S.A. Quote
Zacks Rank & Key Picks
Gol Linhas carries a Zacks Rank #3 (Hold). Some other stocks within the broader Transportation sector that investors can consider are as follows:
Expeditors International of Washington (EXPD - Free Report) carries a Zacks Rank #1 (Strong Buy). The company has a stellar earnings surprise history. It has outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 29.1%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Expeditors have appreciated more than 32% in a year.
ArcBest Corporation (ARCB - Free Report) carries a Zacks Rank #2 (Buy). The company’s earnings have outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 27.4%.
Shares of ArcBest have surged more than 100% in a year.
Schneider National (SNDR - Free Report) carries a Zacks Rank #2. The company’s earnings have trumped the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 21%.
Shares of Schneider National have rallied more than 18% in a year.