Sun Country Airlines Holdings Inc reports results for the quarter ended in January 1 - Earnings Summary

Reuters10-31

* Sun Country Airlines Holdings Inc reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of seven analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from -2 cents to 9 cents per share.

* Revenue rose 0.2% to $249.47 million from a year ago; analysts expected $250.47 million.

* Sun Country Airlines Holdings Inc's reported EPS for the quarter was 4 cents​.

* The company reported quarterly net income of $2.34 million.

* Sun Country Airlines Holdings Inc shares had risen by 12.2% this quarter and lost 20.0% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 48.4% in the last three months.​

* In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the airlines peer group is also "buy"

Wall Street's median 12-month price target for Sun Country Airlines Holdings Inc is 20.00 This summary was machine generated from LSEG data October 31 at 02:49 a.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 0.06 0.06 Met

Jun. 30 2024 0.05 0.06 Beat

Mar. 31 2024 0.68 0.66 Missed

Dec. 31 2023 0.05 0.12 Beat

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