Sun Country Airlines Q2 EPS $0.06 Beats $0.05 Estimate, Sales $254.38M Miss $258.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sun Country Airlines (NASDAQ:SNCY) reported Q2 earnings per share (EPS) of $0.06, beating the analyst estimate of $0.05. However, sales of $254.38 million missed the $258.25 million estimate. EPS decreased by 85% year-over-year, and sales decreased by 2.57% year-over-year.
August 01, 2024 | 9:03 pm
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Sun Country Airlines reported Q2 EPS of $0.06, beating the $0.05 estimate, but sales of $254.38 million missed the $258.25 million estimate. EPS decreased by 85% year-over-year, and sales decreased by 2.57% year-over-year.
While Sun Country Airlines beat the EPS estimate, the significant year-over-year decrease in EPS and the miss on sales estimates are likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100