Sun Country Airlines Holdings Inc expected to post earnings of 5 cents a share - Earnings Preview

Sun Country Airlines Holdings

30/01/2024 14:38

* Sun Country Airlines Holdings Inc  SNCY.OQ   SNCY.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 1 for the period ending December 31 2023
    * The Minneapolis Minnesota-based  company is expected to
report a
9.3% increase in revenue to $248.208 million from $227.15
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on November
7 2023, for the period ended December 31, was for revenue
between $242.00 million and $252.00 million.
    * ​LSEG's mean analyst estimate for Sun Country Airlines
Holdings
Inc is for earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "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 Sun Country
Airlines Holdings Inc is $19.00​, above​ its last closing price
of $14.30. ​​​

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 2023  0.14        0.14       0.14      Met     1.4
 Jun. 30 2023  0.41        0.41       0.40      Missed  -1.5
 Mar. 31 2023  0.56        0.56       0.68      Beat    21.2​
 Dec. 31 2022  0.11        0.11       0.13      Beat    20.2
 ​​Sep.        0.03        0.04       0.12      Beat    194.7
 30 2022                                                
 Jun. 30 2022  0.12        0.10       -0.03     Missed  -129.6
                                                        ​
 Mar. 31 2022  0.20        0.20       0.20      Met     0.9
 Dec. 31 2021  0.02        0.01       0.10      Beat    669.2
 This summary was machine generated January 30 at 14:38 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)