Norwegian Air falls after narrowed forecast, Q3 miss
** Shares in Norwegian Air NAS.OL fall 8% after the budget airline lowers the top end of its 2024 earnings forecast range and misses expectations on Q3 profit
** It narrowed its 2024 operating profit guidance to a range of 2.1 billion to 2.4 billion Norwegian crowns, from between 2.1 billion and 2.6 billion previously
** Q3 operating profit of 2.13 billion Norwegian crowns ($194.63 million) missed a company-compiled consensus of 2.33 billion crowns
** Davy Research notes the earnings miss, but still calls it a "solid Q3", however highlights the slower growth next year driven by Boeing strike and delays
** Shares are trading at their lowest price in two months
($1 = 10.9438 Norwegian crowns)
Reporting by Greta Rosen Fondahn
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