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ULCC

Frontier Group Holdings, Inc.

https://www.flyfrontier.com

Industry

Airlines, Airports & Air Services

Frontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers. The company operates an airline that serves approximately 120 airports throughout the United States and international destinations in the Americas. It offers its services through direct distribution channels, including its website, mobile app, and call center. As of December 31, 2021, the company had a fleet of 110 Airbus single-aisle aircraft comprising, 16 A320ceos, 73 A320neos, and 21 A321ceos. Frontier Group Holdings, Inc. was incorporated in 2013 and is headquartered in Denver, Colorado.

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Frontier Airlines expects its Q3 capacity to grow by 21-23%.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:23 am

Frontier Group Holdings (NASDAQ:ULCC) reported Q2 earnings of $0.31 per share, beating the analyst consensus estimate of $0.28 by 10.71%. This is a 244.44% increase from the same period last year. The company also reported quarterly sales of $967.00 million, beating the analyst consensus estimate of $962.28 million by 0.49%. This is a 6.38% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:21 am

Frontier Group Holdings (NASDAQ:ULCC) is set to release its quarterly earnings report on August 1, 2023. Analysts estimate an EPS of $0.28. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $9.23, down 33.73% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 7:13 pm

Frontier Group Holdings Inc (NASDAQ:ULCC) shares are trading lower by 5.23% after Southwest Airlines reported mixed second-quarter results. Southwest's earnings per share missed the analyst consensus estimate by 0.91%, and the company reported an increase in economic fuel costs and operating expenses. Although Southwest's business revenues are recovering, they have not reached pre-pandemic levels.

Portfolio Pulse from Henry Khederian

July 27, 2023 | 7:46 pm

Airline stocks are trading lower in sympathy with Alaska Air, which reported Q2 earnings and guided 0-3% topline growth in the third quarter. This has affected the stocks of DAL, JBLU, LUV, UAL, ULCC.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 4:18 pm

Morgan Stanley analyst Ravi Shanker has reiterated an Overweight rating on Frontier Group Holdings (NASDAQ:ULCC) and maintained a $19 price target.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 1:41 pm

Airline stocks are trading higher following Delta Air Lines' raised Q2 and 2023 guidance at its Investor Day presentation.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 6:41 pm

B of A Securities analyst Andrew Didora maintains a Buy rating on Frontier Group Holdings (NASDAQ:ULCC) but lowers the price target from $13 to $12.

Portfolio Pulse from richadhand@benzinga.com

June 26, 2023 | 2:52 pm

Frontier Airlines (NASDAQ:ULCC) and APiJET announced an agreement to test APiJET's Digital Winglets, a real-time flight route optimization technology for fuel and carbon savings. Frontier Airlines will be the first to field test the technology, which was initially developed by NASA.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:04 pm

Shares of several industrials companies are trading higher due to economic optimism following the US Senate's passage of a debt limit bill and strong US jobs data.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 4:37 pm

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