Frontier Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
07 Feb
Frontier Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
  • Frontier Group Holdings Inc ULCC.OQ reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of eleven analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 3 cents to 18 cents per share.

  • Revenue rose 12.5% to $1.00 billion from a year ago; analysts expected $984.07 million.

  • Frontier Group Holdings Inc's reported EPS for the quarter was 23 cents​.

  • The company reported quarterly net income of $54 million.

  • Frontier Group Holdings Inc shares had risen by 13.8% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 279.8% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the airlines peer group is also "hold"

Wall Street's median 12-month price target for Frontier Group Holdings Inc is $8.00

This summary was machine generated from LSEG data February 7 at 02:31 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.12

0.23

Beat

Sep. 30 2024

-0.03

-0.05

Missed

Jun. 30 2024

0.12

0.14

Beat

Mar. 31 2024

-0.18

-0.09

Beat

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