easyJet (LON: EZJ) reports its half-year results on Thursday, where the group is expected to report strong numbers as demand continues to improve across the sector.
The low-cost carrier already reported a trading update for the six months to March 31, around a month ago, stating that its first half performance improved by more than £120 million year on year, while strong summer bookings are continuing.
In addition, easyJet said it expects to exceed FY23 market expectations. As a result, most of the positives from the upcoming half-year results may already be priced in.
The airline industry has been experiencing exceptionally strong demand, as evidenced by recent reports from other airlines. That demand is expected to continue throughout the summer. IAG recently reported its first quarter of profit since before the pandemic.
Moreover, easyJet shares were recently upgraded to Neutral from Underweight at JPMorgan. The investment bank stated that the strong demand environment will continue for European Airlines into the summer months, amid continued strong consumer appetite for travel. As a result, the firm cited strong revenue momentum for the upgrade.

Even though easyJet consumer sentiment leans neutral to negative, we are still positive on the stock. The negativity was primarily focused on flight delays which are improving, despite the more recent disruptions due to strikes.
Moreover, mentions of easyJet on Twitter have remained elevated, and while visits to the carrier’s website have tailed off recently, they are still at highs, with demand continuing to remain resilient despite cost of living pressures.
easyJet shares have gained over 48% so far this year.