Frontier Group Holdings Q4 Sales $891.00M Miss $893.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Frontier Group Holdings (NASDAQ:ULCC) reported Q4 sales of $891.00M, missing the consensus estimate of $893.33M by 0.26% and marking a 1.66% decrease from the previous year's $906.00M.
February 06, 2024 | 12:07 pm
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NEGATIVE IMPACT
Frontier Group Holdings reported a slight miss in Q4 sales, coming in at $891.00M versus the expected $893.33M, and a year-over-year decrease of 1.66%.
Missing sales estimates, even by a small margin, can negatively impact investor sentiment and stock price in the short term. The year-over-year decrease further emphasizes the miss.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100