Originally Posted by
LittleYHZ
.92 was the target which the Q2 forecast was based on for dollars.
That's good to know. Could have sworn I read CEO comments it was .97 and remembered thinking that was mighty optimistic
Originally Posted by
LittleYHZ
The chance that they'll be low is low, If they were not going to meet their forecasts for the quarter by an amount which was material they would have to issue a warning
Never thought the impact would be anywhere near material. Just thought the CAD movement would be more negative than positive fuel price impact
Originally Posted by
LittleYHZ
But may disappoint a market which was waiting for a huge blockbuster surprise on the positive size.
I tried to time the Q2 earnings and overall industry trend with a large position of AC stock @ 9.79. That has failed thus far.
No doubt AC will report a record quarter next week but wonder if some of the recent changes around here are spurred by softening yield? If that is announced, the stock will likely be hammered.
Might be a square move, but I'm sticking with it for a while longer before cashing out