JPMorgan warns airline investors to brace for a turbulent earnings season

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Between rising fuel costs and an international crisis surrounding the world's largest plane-maker, this earnings season could be brutal for airlines.

Shaun Best/Reuters

Southwest has already lowered its guidance in the face of the 737 Max crisis, and others could do the same.international crisis surrounding the world's largest plane-maker, "Frankly, we doubt this serves as the first such exercise investors will witness in this regard as we head into the customary pre-earnings housekeeping cycle."737 Max jets in March, will kick off the earnings season on Tuesday when it reports first-quarter results. Last week, the Georgia-based carrier raised its profit guidance for the quarter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The ascending and descending of plane stocks...

Where measurements are made and governed by the aspects of the royal work, the Jamahiriya shall provide the guidance of the systems and the right to use the presentation of the usufruct rights in accordance with the terms of the invitation and its terms of reference

To achieve the profits of bringing the agreement to document the quality of accommodation systems and to determine the scope of the border area through the provision of investment and legislation of the scope of ownership in the system and appointed by

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airline stocks jump after Delta raises first-quarter earnings guidance on strong demandDelta's shares jumped 4.6 percent while United and American rose 3.8 percent and 1.4 percent, respectively. Southwest Airlines, JetBlue, Spirit and Alaska Air Group were all trading higher Tuesday morning.
Source: CNBC - 🏆 12. / 72 Read more »

$12 billion money manager tells investors to be 'very cautious' amid bond market warning signsA lack of significant catalysts in the stock market has GuideStone's David Spika feeling increasingly bearish on the year ahead.
Source: CNBC - 🏆 12. / 72 Read more »