Spirit Airlines Inc expected to post a loss of $1.48 a share - Earnings Preview

Spirit Airlines

25/02/2025 21:36

Spirit Airlines Inc SAVEQ.PK  is expected to show a fall in quarterly revenue when it reports  results on February 27 (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.

‚ÄãLSEG'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. ‚Äã

Wall Street's median 12-month price target for Spirit Airlines Inc is $2.00‚Äã, above‚Äã its last closing price of $0.44. ‚Äã‚Äã‚Äã

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äã

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
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‚Äã
Dec. 31 2023
-1.37
-1.46
-1.36
Beat
7.1
‚Äã‚ÄãSep. 30 2023
-1.48
-1.48
-1.37
Beat
7.2
Jun. 30 2023
0.39
0.38
0.29
Missed
-24.1‚Äã
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 25 at 21:36 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)