Sun Country Airlines Q3 2024 Adj. EPS $0.06, Inline, Sales $249.470M Miss $250.467M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sun Country Airlines reported Q3 2024 earnings per share of $0.06, meeting analyst expectations but showing a 57.14% decrease from the previous year. Sales were $249.47 million, slightly below the $250.467 million estimate, marking a 0.24% increase from last year.
October 30, 2024 | 8:29 pm
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Sun Country Airlines' Q3 2024 earnings per share met expectations at $0.06, but sales slightly missed estimates at $249.47 million. The EPS represents a significant 57.14% decrease from the previous year, while sales showed a marginal increase of 0.24%.
The earnings per share met expectations, which is neutral, but the significant year-over-year decrease in EPS and the slight miss in sales estimates could negatively impact investor sentiment. The stock price may face downward pressure in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100