Frontier Airlines Stock: Surging On Rosy Guidance [Seeking Alpha]
Frontier Group Holdings, Inc. (ULCC)
Company Research
Source: Seeking Alpha
Revenues declined 2% YoY due to oversupply in leisure capacity, putting pressure on unit revenues. Frontier aims to expand margins by reducing costs, shifting capacity to higher-yielding markets, and simplifying its network. Looking for a helping hand in the market? Members of The Aerospace Forum get exclusive ideas and guidance to navigate any climate. Learn More » Frontier Airlines ( NASDAQ: ULCC reported fourth quarter earnings and full year 2023 earnings on the 6th of February. It seems shareholders have liked the results and guidance provided by management as the share price increased from $5.15 to $7.32, a surge of more than 40%. In this report, I will be analyzing the results, the guidance for the upcoming quarter and full year, as well as the initial expectations for 2025. Frontier Airlines Posts Break-even Earnings Frontier Airlines initially had guided for adjusted fourth quarter pre-tax margins of negative 6 to negative 9 percent. Adjusted pre-tax earnings, howev
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ULCC
News
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) had its price target lowered by analysts at TD Cowen from $8.00 to $6.50. They now have a "hold" rating on the stock.MarketBeat
- Compared to Estimates, Frontier Group (ULCC) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Why April Was a Miserable Month for Discount Airline Stocks [Yahoo! Finance]Yahoo! Finance
- Frontier Airlines Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Frontier Airlines Reports First Quarter 2024 Financial ResultsPR Newswire
ULCC
Earnings
- 5/2/24 - Beat
ULCC
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- ULCC's page on the SEC website