|
Second Quarter and Full Year 2024 Outlook |
Estimated 2Q 2024 |
Estimated FY 2024 |
|
Available Seat Miles (“ASMs”) Year-Over-Year |
(5.0%) – (2.0%) |
Down low single digits |
|
Revenue Year-Over-Year |
(10.5%) – (6.5%) |
Down low single digits |
|
CASM Ex-Fuel (1) Year-Over-Year (2) |
5.5% – 7.5% |
Up mid-to-high single digits |
|
Fuel Price per Gallon (3), (4) |
$2.98 – $3.13 |
– |
|
Capital Expenditures |
~$550 million |
~$1.6 billion |
Why CommScope Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Monday’s Mid-Day Session
Shares of CommScope Holding Company, Inc. (NASDAQ: COMM) fell sharply during Monday’s session.
B of A Securities analyst Tal Liani downgraded CommScope from Neutral to Underperform and lowered the price target from $2.1 to $2.
CommScope shares dipped 6.9% to $2.2150 on Monday.
