* Frontier Group Holdings Inc reported a quarterly adjusted loss of 5 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of twelve analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -11 cents to 1 cents per share.
* Revenue rose 5.9% to $935.00 million from a year ago; analysts expected $942.13 million.
* Frontier Group Holdings Inc's reported EPS for the quarter was 11 cents.
* The company reported quarterly net income of $26 million.
* Frontier Group Holdings Inc shares had risen by 35.9% this quarter and gained 33.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 142.1% in the last three months.
* In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the airlines peer group is also "hold"
Wall Street's median 12-month price target for Frontier Group Holdings Inc is 5.00 This summary was machine generated from LSEG data October 29 at 02:15 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.03 -0.05 Missed
Jun. 30 2024 0.12 0.14 Beat
Mar. 31 2024 -0.18 -0.09 Beat
Dec. 31 2023 -0.23 0.00 Beat
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