Spirit Airlines Q3 Adj. EPS $(1.37) Beats $(1.48) Estimate, Sales $1.26B Miss $1.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
Spirit Airlines reported Q3 adjusted losses of $(1.37) per share, beating the analyst consensus estimate of $(1.48) by 7.43 percent. However, the company's quarterly sales of $1.26 billion missed the analyst consensus estimate by 0.08 percent, marking a 6.25 percent decrease from the same period last year.
October 26, 2023 | 9:49 am
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Spirit Airlines' Q3 adjusted losses were less than expected, but sales missed estimates and decreased compared to last year.
Spirit Airlines' Q3 results were mixed, with adjusted losses beating estimates but sales missing and decreasing compared to the same period last year. This could lead to uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100