Sun Country Airlines Holdings Inc expected to post earnings of 68 cents a share - Earnings Preview

Sun Country Airlines Holdings

03/05/2024 23:13

* Sun Country Airlines Holdings Inc  SNCY.OQ   SNCY.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 6 for the period ending March 31 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
7.5% increase in revenue to $316.26 million from $294.1 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on February 1 2024,
for the period ended March 31, was for revenue between $310.00
million and $320.00 million.
    * ​LSEG's mean analyst estimate for Sun Country Airlines
Holdings
Inc is for earnings of 68 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 $20.50​, above​ its last closing price
of $13.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.05        0.05       0.12      Beat    151.9
 Jan. 1 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.        0.11        0.11       0.13      Beat    20.2
 31 2022                                                
 Sep. 30 2022  0.03        0.04       0.12      Beat    194.7​
 Jun. 30 2022  0.12        0.10       -0.03     Missed  -129.6
 Mar. 31 2022  0.20        0.20       0.20      Met     0.9
 This summary was machine generated May 3 at 22:13 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)