Sun Country Airlines Sees Q4 Revenue $242M-$252M Vs $251.99M Est.
Portfolio Pulse from Benzinga Newsdesk
Sun Country Airlines has projected its Q4 2023 revenue to be between $242M and $252M, compared to the estimated $251.99M. The economic fuel cost per gallon is expected to be $3.20, with an operating income margin of 3% to 5%. The effective tax rate is anticipated to be 23%, with total system block hours ranging from 36 to 37 thousand.
November 07, 2023 | 9:36 pm
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Sun Country Airlines' projected Q4 2023 revenue is slightly below the estimated $251.99M. This could potentially impact the company's stock negatively in the short term.
Sun Country Airlines' projected revenue for Q4 2023 is slightly below the estimated $251.99M. This lower than expected revenue projection could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100