Spirit Airlines: Q2 Earnings Insights

Spirit Airlines: Q2 Earnings Insights

 

Spirit Airlines SAVE reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:50 PM.

Here's what investors need to know about the announcement.

Earnings

Spirit Airlines beat estimated earnings by 28.57%, reporting an EPS of $-0.3 versus an estimate of $-0.42.

Revenue was up $507.69 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 4.87% drop in the share price the next day.

Here's a look at Spirit Airlines's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1.58 -0.88 -1.02 -0.86
EPS Actual -1.60 -0.64 -0.69 -0.34
Revenue Estimate 962.26M 963.15M 922.40M 809.39M
Revenue Actual 967.32M 987.56M 922.63M 859.31M

To track all earnings releases for Spirit Airlines visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings