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Terror Woes Can't Halt Airline's Solid Growth.(B)(NYSE STOCKS IN THE NEWS)
Byline: David Saito-Chung
ExpressJet Holdings has galloped nearly 140% since diving to an all-time low of 6.26 in mid-March. The stock is now approaching its all-time high of 17.40, when the stock debuted on April 18 of last year.
The Houston-based operator of Continental Express actually grew in 2001, the year of the 9-11 terrorist attack, and in 2002. ExpressJet earned 89 cents a share in 2001 and $1.38 last year, up 55%, according to First Call data. Analysts polled by First Call see earnings rising 17% to $1.62 in 2003. ExpressJet's 61 Earnings Per Share Rating reflects net losses from 1997 through 2000.
Revenue has grown ...
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