Flight Centre (FGETF) to Release Quarterly Earnings on Wednesday

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

Flight Centre Price Performance

OTCMKTS FGETF opened at $9.56 on Tuesday. Flight Centre has a 1 year low of $6.73 and a 1 year high of $10.12. The business’s fifty day moving average is $8.66 and its two-hundred day moving average is $8.20.

Analyst Upgrades and Downgrades

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

Flight Centre Company Profile

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.