Frontier Airlines climbs after surprise quarterly profit, upbeat Q4 forecast

Frontier group

28/10/2026 13:36

Updates
** Shares of Frontier Airlines ULCC.O rise ~7% to $5.91
** Co sees Q4 adjusted EPS between a 15-cent loss and 5-cent profit, midpoint of which is slightly better than analysts' average estimates of loss of 6 cents, per LSEG-compiled data
** Adjusted profit per share of 18 cents beats estimates of 4-cent loss; year-ago loss was 34 cents
** Revenue of $1.36 bln, up 53% y/y, beats estimates of $1.29 bln
** Q3 RASM, a gauge of pricing power, rises 30% to 11.87 cents
** Q4 fuel cost seen at $4.75 per gallon, vs $3.96 in Q3
** Including session moves, stock has risen 17.4% YTD

 (Reporting by Miraanta Lowrance in Bengaluru)
 ((miraanta.lowrance@thomsonreuters.com))