FY2022 EPS Estimates for Flight Centre Travel Group Limited (OTCMKTS:FGETF) Cut by Jefferies Financial Group

Flight Centre Travel Group Limited (OTCMKTS:FGETF – Get Rating) – Equities researchers at Jefferies Financial Group dropped their FY2022 earnings estimates for Flight Centre Travel Group in a note issued to investors on Wednesday, May 4th. Jefferies Financial Group analyst M. Simotas now anticipates that the company will post earnings per share of ($1.02) for the year, down from their prior estimate of ($1.01). Jefferies Financial Group also issued estimates for Flight Centre Travel Group’s FY2024 earnings at $0.84 EPS.

Separately, Zacks Investment Research upgraded shares of Flight Centre Travel Group from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Friday.

FGETF opened at $13.29 on Monday. The company’s 50 day moving average price is $12.96 and its two-hundred day moving average price is $11.62. Flight Centre Travel Group has a fifty-two week low of $13.29 and a fifty-two week high of $13.29.

Flight Centre Travel Group Company Profile (Get Rating)

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets.

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