TSX:EIFAirlines
Exchange Income (TSX:EIF) Stock Rides Record EBITDA Outlook Despite EPS Fade
Exchange Income stock went into this earnings print already on a tear, up roughly 26% over the past three months and closing at about CA$135. That set the bar high. Management then raised full year adjusted earnings before interest, tax, depreciation and amortization guidance to a range of CA$890m to CA$920m and called Q2 a record across key profit and cash flow measures.
For short term traders the question is whether that guidance lift is already priced in. For long term holders the focus...