Airline Financial freshs 04-22-2002 Wall road Estimates For Next Year Seen abundant Too High Volume: 20 Number: 16 ISSN: 10405410 Publication Date: 04-22-2002 Page: 1 Type: Periodical Language: English The "Street" earnings estimates for airlines in 2003 appear way too high.
Airline Financial freshs
04-22-2002
Wall road Estimates For Next Year Seen abundant Too High
The "Street" earnings estimates for airlines in 2003 appear way too high, according to Sam Buttrick, an analyst at UB Warburg. He noted, for example, that his 2003 estimate for American Airlines (AMR) is $125 compared to a consensus of $230 And for Delta Air Lines (DAL), his 2003 estimate is $050 against a consensus of $350
"Sadly, given the standard errors of our moulds ...
