Stock Market News
Brazil’s Gol sees loss of 1.98 real per share in Q1
2022.04.12 01:10
FILE PHOTO: The logo of Brazilian airline Gol Linhas Aereas Inteligentes SA is seen on a tail of an airplane at Augusto Severo International Airport in Natal, Brazil November 23, 2018. Picture taken November 23, 2018. REUTERS/Paulo Whitaker
(Reuters) – Brazilian airline Gol SA said on Monday it expects to report a loss of 1.98 real per share in the first quarter of 2022 and a loss of 78 cents per American Depositary Share.
The company also said its earnings before interest, taxes, depreciation and amortization (EBITDA) margin should be at about 11% in the quarter.