0732 GMT - U.K. budget airline easyJet's first-half results are broadly as expected, but later forward booking trends increase the risk the company might need to stimulate demand during the peak summer season, RBC Capital Markets' Ruairi Cullinane and Jakub Glinkowski say in a research note. This means full-year consensus estimates for easyJet's headline pretax profit could be trimmed further, the analysts say. The lower end of the consensus range, which sits at less than 100 million pounds, looks safer than the midpoint and upper end, they add. Third-quarter bookings have picked up slightly since easyJet's update last month, but bookings for the fourth quarter have fallen further behind, according to RBC. Shares fall 0.2%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
May 21, 2026 03:32 ET (07:32 GMT)
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