BUZZ-Frontier Group rises on Q4 profit beat, break-even expectations

Reuters
07 Feb
BUZZ-Frontier Group rises on Q4 profit beat, break-even expectations

** Shares of U.S. budget airline Frontier Group ULCC.O up 5.7% at $8.55 premarket

** Co expects to break even in Q1 2025 and turn profitable in the year

** Forecasts Q1 adj. EPS of $0.07 vs analysts' avg. estimated loss of $0.04 - data compiled by LSEG

** Co reports quarterly adj. EPS of 23 cents vs estimates of 12 cents

** ULCC expects FY adj. EPS of at least $1 vs estimates of 58 cents

** One out of 12 brokerages rate stock "buy", 10 "hold" and 1 "sell" ; median PT is $8

** Stock rose ~30.22% in 2024

(Reporting by Rishab Shaju in Bengaluru)

((Rishab.shaju@thomsonreuters.com))

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