Frontier Airlines Q4 Results Top Estimates; Guides Q1, FY25 Above Estimates

Frontier Group Holdings

8.25 EUR -4.07%

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(RTTNews) - Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (ULCC), reported Friday net income of $54 million or $0.23 per share for the third quarter, compared to a net loss of $37 million or $0.17 per share in the prior-year quarter.

Total operating revenues for the quarter grew 12 percent to $1.0 billion from $891 million in the same quarter last year.

On average, analysts polled expected the company to report earnings of $0.13 per share on revenues of $986.5 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company expects adjusted earnings for the first quarter in a range of breakeven to $0.07 per share and at least $1.00 for the full-year 2025.

The Street is looking for a loss of $0.04 per share for the first quarter and earnings of $0.62 per share for fiscal 2025.

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