UPDATE: Tourism Holdings falls 24% on open after lowering guidance

Wed, 17 Apr 2019

(Updates and recasts to add stock price reaction and comment from broker.) By Rebecca Howard April 18 (BusinessDesk) - Tourism Holdings shares fell 24 percent when trading opened after the company lowered its full-year earnings guidance by as much as 22 percent and said a decisive operation and capital review of its US operations is now under way. The company, which rents and sells campervans, expects net profit of $25 million to $28 million for the year ending June 30. When reporting first-half earnings in February, Tourism Holdings...

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