GOL Linhas Aereas Inteligentes SA (GOL) Misses Q1 EPS by 18c, Miss on Revenues

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GOL Reports Net Revenues of R$2.6bn and EPS of R$0.46 for 1Q17

May 10, 2017 9:05 AM EDT

SAO PAULO, May 10, 2017 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. ("GOL"), (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, announces today its consolidated results for the first quarter (1Q17). All information is presented in accordance with International Financial Reporting Standards (IFRS) and in Brazilian Reals (R$), and all comparisons are with the first quarter of 2016 unless otherwise stated.

Operating and Financial Highlights

Net income after minority interest for the quarter was R$160.4 million (US$51.3 million), representing a 6.1% net margin. Earnings per share (EPS) after... More