WestJet reports $45.3M Q3 profit, down from $135.9M a year ago
Oct 30, 2018 | 8:27 AM
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CALGARY – WestJet Airlines reported a third-quarter profit of $45.9 million, down from a profit of $135.9 million in the same quarter last year amid rising fuel prices.
The airline says the profit amounted to 40 cents per diluted share for the quarter ended Sept. 30, compared with $1.15 per diluted share a year ago.
Revenue totalled $1.26 billion for the quarter, which included the busy summer travel period, up from $1.21 billion a year earlier.
Analysts on average had expected a profit of 33 cents per share for the quarter.
