Air New Zealand Limited (AIR.NZ)
- Simply Wall St.
Shareholders in Air New Zealand (NZSE:AIR) are in the red if they invested five years ago
Generally speaking long term investing is the way to go. But along the way some stocks are going to perform badly. For...
- Reuters
Air New Zealand falls after earnings outlook cut on stiff competition
Air New Zealand trimmed its annual earnings estimates on Monday, citing economic headwinds and a cost-of-living crisis leading to softer revenue in domestic and North American markets, sending the carrier's shares to a near two-year low. Shares of Air NZ slipped as much 3.5% to NZ$0.550, hitting their lowest level since July 1, 2022. New Zealand's flagship carrier now expects earnings before taxation between NZ$190 million ($112.01 million) and NZ$230 million for 2024, down from previous estimate of NZ$200 million to NZ$240 million.
- Simply Wall St.
Air New Zealand Limited's (NZSE:AIR) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Air New Zealand (NZSE:AIR) has had a rough three months with its share price down 6.2%. However, stock prices are...
