easyJet Shares Fly on Improved Forecasthttp://www.fool.com/investing/international/2012/10/03/easyjet-shares-fly-on-improved-forecast.aspx Sam Robson
October 3, 2012
LONDON -- easyJet (LSE: EZJ.L ) announced a better-than-expected forecast for the full year in its pre-close statement this morning, sending shares up 4.5% to 621 pence at the time of writing.
The shares' positive swing came after the low-cost airline revised its outlook for the year to September 30 to estimate a pre-tax profit of £310 million-£320 million, up from the previous forecast at the end of July of £280 million-£300 million.
easyJet's chief executive Carolyn McCall commented: