Spirit Airlines Inc <SAVEQ.PK> expected to post a loss of $1.48 a share - Earnings Preview
Spirit Airlines Inc SAVEQ.PK is expected to show a fall in quarterly revenue when it reports results on February 5 (estimated) for the period ending December 31 2024
The Dania Beach Florida-based company is expected to report a 12.0% decrease in revenue to $1.164 billion from $1.32 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Spirit Airlines Inc is for a loss of $1.48 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 0.4% in the last three months.
Wall Street's median 12-month price target for Spirit Airlines Inc is $2.00, above its last closing price of $0.60.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -2.35 | -2.27 | |||
Jun. 30 2024 | -1.39 | -1.36 | -1.44 | Missed | -6 |
Mar. 31 2024 | -1.45 | -1.45 | -1.46 | Missed | -0.9 |
Dec. 31 2023 | -1.37 | -1.46 | -1.36 | Beat | 7.1 |
Sep. 30 2023 | -1.48 | -1.48 | -1.37 | Beat | 7.2 |
Jun. 30 2023 | 0.39 | 0.38 | 0.29 | Missed | -24.1 |
Mar. 31 2023 | -0.83 | -0.85 | -0.82 | Beat | 3.7 |
Dec. 31 2022 | 0.03 | 0.04 | 0.12 | Beat | 206.1 |
This summary was machine generated February 3 at 21:28 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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