2250 GMT - Web Travel's full-year earnings outlook is broadly in line with analysts' expectations, Citi's Samuel Seow tells clients. The Citi analyst says that the midpoint of the corporate-travel booker's A$117 million-A$122 million Ebitda range is close enough to the average analyst forecast of A$118.5 million. Nonetheless he writes in a note that is interested to hear more detail on why management is so confident that revenue margin has stabilized after it fell steeply over the fiscal first half. Citi has a "neutral" rating and A$5.55 target price on the stock, which is at A$4.23 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
November 26, 2024 17:50 ET (22:50 GMT)
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