Wizz Air rises on FY operating profit beat despite withheld fiscal 2027 outlook
Today 08:12
BUZZ-Wizz Air rises on FY operating profit beat despite withheld fiscal 2027 outlook June 11 (Reuters) - **Shares of Hungarian budget carrier Wizz Air WIZZ.L rise 2.74% to 993.5p
**The airline posts a full-year operating profit of 139.7 million euros ($161.3 million), beating analyst expectations of 88.51 million euros, according to data compiled by LSEG
**The carrier withholds a fiscal 2027 forecast, citing a lack of visibility caused by the prolonged Iran war
**Of 22 analysts covering the stock, 10 rate it "sell" or equivalent, seven "hold," and five "buy" or higher, with a median price target of 950 pence, according to data compiled by LSEG
**As of last close, Wizz Air stock is down 24.2% year-to-date
(Reporting by Amna Mariyam in Bangalore)
((amna.mariyam@thomsonreuters.com; 8448625620))
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