0938 GMT - Air France-KLM's guidance for this year provides room for consensus expectations to increase, Deutsche Bank analysts say in a research note. The Franco-Dutch carrier reported fourth-quarter EBIT that was well ahead of both company consensus at 160 million euros and Deutsche Bank's estimate of 188 million, the brokerage says. On a divisional basis, the beat was driven by the company's network airlines as well as the performance of its cargo business, the analysts say. However, the beat to the company's operating profit was offset by expenses, which led to a net loss for the quarter, the analysts say. Shares trade 17% higher to 10.65 euros. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
March 06, 2025 04:38 ET (09:38 GMT)
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