Flight Centre (FGETF) Expected to Post Earnings on Wednesday

Flight Centre (OTCMKTS:FGETF) is expected to be issuing its results before the market opens on Wednesday, August 26th. Analysts expect the company to announce earnings of $0.3582 per share and revenue of $1.0308 billion for the quarter.

Flight Centre Price Performance

FGETF stock opened at $9.56 on Monday. The business has a 50-day moving average of $8.61 and a 200-day moving average of $8.20. Flight Centre has a fifty-two week low of $6.73 and a fifty-two week high of $10.12.

Analyst Ratings Changes

Separately, Citigroup cut Flight Centre to a “neutral” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

About Flight Centre

Flight Centre Travel Group (OTCMKTS: FGETF) is a global travel agency headquartered in Brisbane, Australia. The company operates across both leisure and corporate segments, offering travel booking services, tailored itineraries and travel management solutions. Through an integrated network of retail stores, online platforms and dedicated corporate divisions, Flight Centre provides airfares, hotel accommodations, package tours and ancillary travel products to individual and business clients.

Founded in 1982 by Graham Turner and Geoff Harris, the company has expanded from a single storefront in Sydney into a multinational enterprise.