Ace Aviation Holdings (ACE) Releases FY12 Earnings Guidance
Ace Aviation Holdings (ACE) issued an update on its FY12 earnings guidance on Tuesday morning. The company provided EPS guidance of $7.73-8.03 for the period.
Shares of Ace Aviation Holdings (ACE) traded down 0.79% during mid-day trading on Tuesday, hitting $80.25. Ace Aviation Holdings (ACE) has a 52 week low of $64.09 and a 52 week high of $82.07. The company has a market cap of $27.212 billion and a P/E ratio of 13.54.
Ace Aviation Holdings last announced its earnings results on Tuesday, October 23rd. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.04. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, analysts predict that Ace Aviation Holdings (ACE) will post $7.91 earnings per share for the current fiscal year.
Several analysts have also recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of Ace Aviation Holdings in a research note to investors on Thursday, August 23rd. They now have a $78.00 price target on the stock. On a related note, analysts at TD Securities raised their price target on shares of Ace Aviation Holdings from $4.25 to $4.50 in a research note to investors on Tuesday, August 14th. They now have a buy rating on the stock.
ACE Limited (ACE) is a holding company of the ACE Group of Companies. ACE is a global insurance and reinsurance organization, serving the needs of customers in more than 170 countries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.