easyJet

Q3 results in line; easyJet holidays FY24 guide upgraded

  • Sectors : Airlines
  • Companies : easyJet

Ratings and price correct at time of issue.

  • easyJet

    Closing Price: 428p

  • RATING 24/01/22

  • PREVIOUS RATING 14/07/21

    NEUTRAL

DAVY VIEW

EasyJet reported a record headline profit before tax (PBT) of £236m for Q3. Q3 revenue per seat (RPS) was +1% year-on-year (yoy) and the outlook into Q4 is positive, with booking momentum expected to continue. EasyJet Holidays expects to deliver >£180m PBT in FY24, >48% yoy.

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Jul 24 2024, 08:03 IST/BST

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