easyJet Share News (EZJ)

Easyjet is expected to swing to a first-half profit on the back of higher revenues as passenger numbers increased and the company benefitted from the drop in fuel prices.Numis predicts a pre-tax profit of £7.5m for the six months to 31 March, compared to the previous year's loss of £53m.At the time of its first-quarter update in January, Easyjet said sees a first-half loss before tax of between £10m and £30m.The carrier indicated a 3.7% rise in capacity and an increase in revenue per seat of 2.5% in the first half. Cost per seat is estimated to climb 3%, driven by higher de-icing and disruption costs. The group said it had a good start to the year but warned that further volatility around currency rate and the oil price is likely to continue.Since the period-end, EasyJet said it had cancelled 602 flights in April due mainly to air traffic control strikes in France.In macro-economics, UK industrial and manufacturing production data is due along with the NIESR's latest gross domestic product estimate for the UK.Tuesday 12 MayINTERIMSCambria Automobiles, easyJet, Enterprise Inns, LXB Retail PropertiesINTERIM DIVIDEND PAYMENT DATENorthamberINTERNATIONAL ECONOMIC ANNOUNCEMENTSTreasury Budget Statement (US) (19:00)FINALSExperian, Iofina, JZ Capital Partners Ltd, Speedy Hire, Verona PharmaANNUAL REPORTLXB Retail PropertiesIMSSIFG Group, Just Retirement GroupEGMSIFG GroupAGMSAL Noor Hospitals Group, Atlas Mara Limited (DI), British Polythene Industries, Camper & Nicholsons Marina Investments Ltd., Cape, Capita, Capital & Regional, Cello Group, Cenkos Securities, Clean Air Power Ltd, DP Aircraft I Limited Pref , EG Solutions, Glanbia, Grafton Group Units, Hilton Food Group, IFG Group, Interserve, IP Group, Lamprell, NB Private Equity Partners Ltd., Pittards, Skyepharma, Sportech, Standard Life, TT Electronics, Vitec GroupTRADING ANNOUNCEMENTSAL Noor Hospitals Group, Spire Healthcare Group, Vitec GroupUK ECONOMIC ANNOUNCEMENTSBRC Sales Monitor (00:01)Industrial Production (09:30)Manufacturing Production (09:30)FINAL DIVIDEND PAYMENT DATEBrainJuicer Group, Capital & Regional, CRH, Gulf Marine Services, Telefonica SAQ1Grupo Clarin SA GDR (Reg S), Societatea Nationala De Gaze Naturale Romgaz S.A. GDR (Reg S)