Alstom Shares Plunge on Profit Warning [Yahoo! Finance]
ALSTOM UNSP/ADR (ALSMY)
NASDAQ:AMEX Investor Relations:
alstom.com/investor-relations
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Source: Yahoo! Finance
Shares in Alstom plunged on Friday after the French trainmaker issued a profit warning, withdrawing its medium-term forecast. In European morning trade, Alstom shares fell 26% to 16.98 euros, putting them on course for their worst single-day drop since October 2023. Most Read from The Wall Street Journal Sam Altman's Side Hustles Blur the Line Between OpenAI's Interests and His Own How a 233-Year-Old Wall Street Institution Went All In on Crypto General Motors Is Still Making Cars for the U.S. Halfway Around the World U.S. to Create High-Tech Manufacturing Zone in Philippines Netflix Chair Reed Hastings to Leave Board in June The company late Thursday said it was withdrawing its three-year cumulative free cash flow guidance of 1.5 billion euros ($1.77 billion), as well as its target of an adjusted earnings before interest and taxes margin between 8% and 10% by fiscal 2027. It follows the group's preliminary outlook for the current fiscal year, which now targets orga
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News
- Alstom Stock: Still A Buy After Analyzing The Recent Weakness [Seeking Alpha]Seeking Alpha
- Alstom (ALSMY) had its "buy" rating reaffirmed by Citigroup Inc..MarketBeat
- Alstom SA (ALSMY) Q4 2026 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Shares in world's second-biggest train maker plunge on profit downgrade [Yahoo! Finance]Yahoo! Finance
- Alstom (ALSMY) was downgraded by Deutsche Bank Aktiengesellschaft from "buy" to "hold".MarketBeat