Qantas Airways (QABSY) to Release Earnings on Thursday

Qantas Airways (OTCMKTS:QABSYGet Free Report) is projected to release its results before the market opens on Thursday, February 26th. Analysts expect Qantas Airways to post earnings of $2.18 per share and revenue of $8.9457 billion for the quarter.

Qantas Airways Stock Performance

Shares of Qantas Airways stock opened at $37.20 on Wednesday. The firm’s 50 day simple moving average is $35.60 and its two-hundred day simple moving average is $35.25. Qantas Airways has a 12-month low of $23.81 and a 12-month high of $41.65.

Qantas Airways Company Profile

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Qantas Airways Limited is Australia’s flag carrier and one of the world’s oldest continuously operating airlines. The company provides a broad range of air transport services including scheduled passenger flights, air freight logistics, aircraft maintenance and engineering, and in-flight catering. It also operates a leading loyalty program, Qantas Frequent Flyer, which serves as a cornerstone of its revenue diversification strategy.

Founded in 1920 in Winton, Queensland, Qantas initially served remote outback communities before expanding into a national carrier following World War II.

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