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

Sun Country Airlines Holdings

31/07/2024 15:29

* Sun Country Airlines Holdings Inc  SNCY.OQ   SNCY.O  is
expected
to show a fall in quarterly revenue when it reports  results on
August 2 for the period ending June 30 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
1.4% decrease in revenue to $257.5 million from $261.09 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on June 21 2024, for
the period ended June 30, was for revenue between $255.00
million and $257.00 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 5 "strong buy" or "buy," 2
"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 $20.00​, above​ its last closing price
of $12.82. ​​​

The company's guidance on June 21 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD10.2
million and USD12.85 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.69        0.68       0.66      Missed  -3.6
 Dec. 31 2024  0.05        0.05       0.12      Beat    151.9
 Sep. 30 2023  0.14        0.14       0.14      Met     1.4​
 Jun. 30 2023  0.41        0.41       0.40      Missed  -1.5
 ​​Jan.        0.56        0.56       0.68      Beat    21.2
 1 0001                                                 
 Jan. 1 0001   0.11        0.11       0.13      Beat    20.2​
 Sep. 30 2022  0.03        0.04       0.12      Beat    194.7
 Jun. 30 2022  0.12        0.10       -0.03     Missed  -129.6
 This summary was machine generated July 31 at 14:29 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)