Sun Country Airlines Earlier Reported It Expects Q2 Revenue $255M-$265M Vs $286.281M Est.
Portfolio Pulse from Benzinga Newsdesk
Sun Country Airlines has revised its Q2 revenue expectations to $255M-$265M, which is below the estimated $286.281M.
May 07, 2024 | 12:52 pm
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Sun Country Airlines has adjusted its Q2 revenue forecast downwards to $255M-$265M, falling short of the expected $286.281M.
The downward revision of the revenue forecast by Sun Country Airlines is likely to negatively impact investor sentiment and the stock price in the short term. This is because financial forecasts are critical indicators of a company's future performance, and missing estimates can lead to decreased investor confidence and sell-offs.
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