WestJet Pledges Margin Expansion in 2018 Despite Rapid Capacity Growth
WestJet Airlines reported fourth-quarter and full-year results on Feb. 6. Earnings per share of CAD 0.42 for the quarter was in line with consensus and management continues to target margin expansion in 2018. However, we think aggressive capacity growth combined with rising fuel costs is making investors skeptical that this expansion will materialize. Our bearish call on Brent prices during the back half of 2018 means that we think WestJet should at least be able to hold the line on 2018 margins...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.