Australia's Flight Centre Travel falls after FY profit misses estimates
26/08/2026 06:39
BUZZ-Australia's Flight Centre Travel falls after FY profit misses estimates Updates
** Shares of Flight Centre Travel FLT.AX fall as much as 9% to A$11.80, hitting their lowest level since July 24
** Stock set for weakest intraday trading session since March 2
** Travel manager posts FY statutory NPAT of A$149 mln ($106.74 mln), missing Visible Alpha consensus estimates of A$160 mln
** Expects corporate segment profit to be weighted to H2 FY27
** "Clearly with the macro uncertainty it's hard to plot the pace and timing of the recovery" - Citi
** Stock down 20.1% YTD, including the session's moves
($1 = 1.3959 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru)
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Australia's Flight Centre Travel falls after FY profit misses estimates