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via finance.yahoo.comBusiness & Companies

Norwegian Air Q3 operating profit beats forecasts on strong summer demand

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Norwegian Air Shuttle reported third-quarter operating profit of 2.73 billion Norwegian crowns on Wednesday, beating analyst expectations of 2.33 billion crowns, while profit before tax also exceeded consensus as the airline benefited from strong summer travel…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above consensus estimates for a listed airline.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Operating profit was 2.73 billion Norwegian crowns, versus expectations of 2.33 billion.
  2. 02Profit before tax was 2.52 billion crowns, against consensus of 2.15 billion.
  3. 03Quarter-end liquidity stood at 11.2 billion crowns.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Norwegian Air Shuttle ASANAS.OLStock11.35 NOK+0.98%today +1.57%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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