Qantas raises domestic revenue estimates in Australia, reduces fuel cost forecast – Reuters

Qantas raises domestic revenue estimates in Australia, reduces fuel cost forecast – Reuters

Australian flag carrier Qantas Airways has raised its revenue expectations for its domestic operations in the first half of the financial year. The airline is now anticipating a 3% to 5% increase in revenue per available seat kilometre for its local business, up from the previously forecasted 2% to 4%. Additionally, Qantas expects domestic capacity … Read more

Evercore ISI raises Vertiv’s target following robust quarterly performance

Evercore ISI raises Vertiv’s target following robust quarterly performance

Evercore ISI has raised its price target for Vertiv Holdings Co. (NYSE: VRT) to $135.00 from $125.00, maintaining an Outperform rating on the stock. The firm noted Vertiv’s strong performance in the September quarter, with revenues and earnings per share (EPS) surpassing market expectations. Vertiv reported revenue of $2,074 million and EPS of $0.76, beating … Read more