UPDATE 1-Stagecoach to top forecasts, buy greener buses

Newswire

(Adds analyst, detail, background, shares) LONDON, April 28 (Reuters) - Britain's Stagecoach Group expects to beat analysts' earnings forecasts, driven by a strong performance in its rail operations, and will invest in more environmentally-friendly buses, it said on Monday. Shares in the transport group surged as much as 7.1 percent to 237 pence in early trading. Stagecoach said it now expected earnings per share before one-off items for the year ending April 30 to be about 20 pence. ...

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