Republic Airways (RJET) Misses Q2 EPS by 16c

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Imperial Capital Cuts Price Target on Republic Airways (RJET) to $10 Following 2Q Results

August 10, 2015 7:48 AM EDT

Imperial Capital maintained an Outperform rating on Republic Airways (NASDAQ: RJET), and cut the price target to $10.00 (from $17.00), following 2Q earnings results. RJET reported adjusted EPS of $0.08, which was consistent with the pre-announcement on 7/24. Revenue in the quarter of $337.8mn was below 2Q14 revenue of... More