Market Overview

Dahlman Rose Reiterates Hold Rating on Republic Airways Holdings

Related RJET
Top 4 Small-Cap Stocks In The Regional Airlines Industry With The Highest EPS Growth Forecast For Next 5 Years
Morning Market Losers
Midday Gainers / Losers (Seeking Alpha)

In a report published Wednesday, Dahlman Rose & Co. reiterated its Hold rating on Republic Airways Holdings (NASDAQ: RJET).

Dahlman Rose noted, “Total unit revenue growth at Republic's Frontier subsidiary is expected to increase by 5% y/y, up from prior guidance of up 4% y/y. Frontier non-fuel costs are expected to be down by 8%, compared to prior guidance of down 5%. As a result of higher revenues and lower costs, Frontier generated a profit margin of 2% to 3% in the quarter. The Republic Airways subsidiary is expected to report a pretax profit of $20 MM to $25MM, up from prior 4Q12 guidance of $15 MM to $20MM. Management anticipates 4Q12 EPS in a range of $0.30 to $0.36, up from prior guidance of $0.18 to $0.24 and compared to the consensus estimate of $0.17 and our prior estimate of $0.20.”

Republic Airways Holdings closed on Monday at $5.68.

Latest Ratings for RJET

Jul 2015Deutsche BankDowngradesBuyHold
Apr 2015Evercore PartnersDowngradesBuyHold
Sep 2014Bank of AmericaMaintainsUnderperform

View More Analyst Ratings for RJET
View the Latest Analyst Ratings

Posted-In: Dahlman Rose & Co.Analyst Color Reiteration Analyst Ratings


Related Articles (RJET)

View Comments and Join the Discussion!

Get Benzinga's Newsletters