Frontier Group Holdings Q2 2024 Adj. EPS $0.14 Beats $0.13 Estimate, Sales $973.000M Miss $1.031B Estimate
Portfolio Pulse from Benzinga Newsdesk
Frontier Group Holdings (NASDAQ:ULCC) reported Q2 2024 adjusted EPS of $0.14, beating the estimate of $0.13. However, sales were $973 million, missing the $1.031 billion estimate. Sales increased by 0.62% year-over-year.
August 08, 2024 | 12:01 pm
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Frontier Group Holdings reported Q2 2024 EPS of $0.14, beating estimates, but sales of $973 million missed expectations. Sales increased slightly by 0.62% year-over-year.
The mixed results, with EPS beating but sales missing estimates, suggest a neutral short-term impact. The slight year-over-year sales increase adds a positive note but is not enough to drive significant stock movement.
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