EasyJet confident of meeting FY consensus

(Sharecast News) - Budget airline easyJet on Thursday said it was confident in meeting annual profit forecasts with forward bookings for the third-quarter 80% sold ahead of the key summer period. The carrier posted a first-half loss before tax of £394m, in line with consensus, and added that current bookings were supportive of meeting full year consensus estimates. However, it cautioned that "consistent with this stage each year, there is still an important booking period for peak summer to go".

EasyJet expects full-year profits of £703m, according to a company-compiled poll.

Reporting by Frank Prenesti for Sharecast.com