UPDATE: Auckland Airport lifts annual profit guidance as 1H earnings rise 1.3%

Thu, 19 Feb 2015

(Updates shares, adds investor comment) By Paul McBeth Feb. 20 (BusinessDesk) - Auckland International Airport, the country's biggest gateway, raised its annual profit guidance after passenger numbers and revenue from retail and property lifted first-half earnings by 1.3 percent. The shares advanced 3.5 cents to $4.42, adding to the 3.7 percent gain this year. The stock is rated an average 'hold' based on eight analyst recommendations compiled by Reuters, with a median price target of $4.09. Underlying earnings, which strip out chan...

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