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SAVEQ — Spirit Airlines News Story

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Spirit Airlines Inc 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 20
(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 was unchanged 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 $0.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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.        -1.48       -1.48      -1.37     Beat    7.2
 30 2023                                                
 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 18 at 21:12 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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