Gol Linhas Earnings Preview: Can This Streak Finally End?

Gol Linhas (NYSE:GOL) will report earnings after markets close on Monday, May 13th. Gol Linhas Aereas Inteligentes S.A. provides low-fare, non-stop passenger flight services through its fleet of next generation Boeing airplanes. The company provides domestic flights in Brazil.

Here is your Cheat Sheet to Gol Linhas A Earnings:

Earnings Expectations: Analysts expect earnings of $-0.03 per share on revenues of $1.60 billion.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0.24 and has not changed. For the current year, the average estimate is a loss of $0.28, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Gol Linhas A has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,757 3,465 4,159 4,042 3,969
Diluted EPS ($) -2.651 2.251 0.4744 -1.490 -2.746

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,197 1,190 881.48 980.43 1,038
Diluted EPS ($) 0.1076 -0.0841 -1.291 -0.5624 -0.7960

Past Performance:
Gol Linhas A has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)