Sun Country Airlines Holdings (NASDAQ:SNCY) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$249.5m (flat on 3Q 2023).
• Net income: US$2.34m (down 69% from 3Q 2023).
• Profit margin: 0.9% (down from 3.1% in 3Q 2023).
• EPS: US$0.044 (down from US$0.14 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sun Country Airlines Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%.

Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Airlines industry in the US.

Performance of the American Airlines industry.

The company's shares are up 11% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Sun Country Airlines Holdings that you should be aware of.

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