0051 GMT - It is a case of what's missing from Flight Centre's 113-page investor presentation that unsettles RBC Capital Markets analyst Wei-Weng Chen. Flight Centre included a trading update in the presentation but it didn't reaffirm prior guidance for FY 2026 underlying pretax profit of A$315 million-A$350 million. RBC notes consensus forecasts are currently for A$317.4 million. This likely includes a A$5 million contribution from Pedal Group, which Flight Centre recently sold. "We expect market expectations will likely move below A$315 million," says RBC, which has rated Flight Centre at outperform. Flight Centre is down 1.5% at A$10.13. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
May 25, 2026 20:51 ET (00:51 GMT)
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