Why Spirit Airlines (SAVE) Shares Are Seeing Blue Skies Today
Portfolio Pulse from Henry Khederian
Spirit Airlines Inc (NYSE:SAVE) shares are trading higher by 3.63% to $16.86, potentially in sympathy with Delta Air Lines, which raised its Q2 and 2023 guidance at its Investor Day presentation. Delta Air Lines has raised its revenue growth outlook for Q2 2023 to 17%-18%, up from 15%-17%, and expects EPS to be in the range of $2.25-$2.50, surpassing the consensus estimate of $2.17.
June 27, 2023 | 5:47 pm
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Spirit Airlines' shares are trading higher, potentially due to Delta Air Lines' raised Q2 and 2023 guidance. This suggests a positive sentiment towards the airline sector, which may benefit Spirit Airlines in the short term.
Spirit Airlines' stock is trading higher, potentially due to Delta Air Lines' positive outlook. This suggests that investors are reacting positively to the airline sector, which may have a positive impact on Spirit Airlines' stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80