Sooooo what can this newb trader expect tomorrow if the news is good? Surely 560 and beyond won't be out of the question ? |
Why would they delay it if it's bad news. The announcement will be a scheduled RNS at 0700 as it always is. The detail will be upbeat and the figures showing growth in the airline and substantial growth in the holiday business. The profit before tax will be 600-650m but likely around 605 in my opinion. |
If not 07.00 will be very odd - and bad news |
7am..........daft question!! |
Daft question: what time EasyJet will be publishing results tomorrow? |
Shorters are closing.
hxxps://shorttracker.co.uk/company/GB00B7KR2P84/ |
Agreed
Jet2 through £16 |
£1bn profit will be 2 years in my opinion. First thing is to decrease the H1;loss. This year they will make strong progress in that. Making £1bn profit in H2 is easily within reach. |
Will forecast disappoint??? |
600mill. 1B a year feels an eternity away if so. See what happens Wednesday. Hopefully a blue day. Otherwise, 600p and beyond gotta wait another year. Expensive when compared to IAG. More relevant (not sure of answer) is how they match against Ryanair, Jet 2. Wizz. Decent div increase coming I guess. |
Good find Sapphire. Decent move on today too. |
Wednesday will be interesting. |
I was thinking to buy in but not a chance. EZY think they can go toe to toe with Jet2 and TUI in their backyards...no wonder Jet2 expedited aircraft into Luton. Both are going to try and show them up and crush this idea before it gets traction. |
The hotels there will have to up their performance considerably |
Sal is a superb location. This will be a very high holiday business % uptake. No other reason to go there and the accommodation is dominated by a strong brand with their resort locations. It's possible that they will achieve 50% of capacity for the holiday business against 5% across routes. |
Expecting £6 before the end of the year, with a lovely boost next week following results. GLA |
If only there was a significant event ahead |
Grim share price It then the share price never moves sideways. Huge swings up and down the norm. Usually the same for each hence the share price going nowhere. Must be a traders dream. |
Cannacords view on Jet2
With the shares ~40% below historical PER we reiterate BUY. Key potential share price drivers Market share growth from strong customer trust, e.g., Jet2 repeat package holiday customers (>60%). Right product for consumers: Jet2 emphasises higher yield (for Jet2) end-to-end package holidays, offering customers flexibility at a predictable all-in cost. Holidays offer scope to deliver a more sustainable EPS and expand achieved PE as investors focus on the value of holidays. Strong cash, balance sheet We uplift forecasts and see a normalised FY25E PBT margin of 7.8% (7.3% FY26E). This reflects our view of consumer caution and industry supply growth risks, sales pricing and cost inflation (accommodation, fuel and wages). Nevertheless, strong cash generation (after capex) sees estimated ‘own net debt’ levels modest - expanding upward share price pressure. Key differentiators: Holidays matter and a 'customer first' mindset We think data support the assertion that consumers value the annual holiday. With >80% of revenues from Holidays, Jet2 is a holiday company (not an airline) – with longer (and more resilient) forward booking trajectories and a diverse profit contribution mix. |
I am sure that the results will show as strong surge in profit. I think that it's true to say that there are forces at play here. Trust in the quality of the business and the commercial success achieved. |
Yes JET2 sales and profit up sharply and decent outlook too. Hopefully bodes well for here next week. |