Spirit Airlines

Spirit Airlines, Inc. is an airline that offers travel to customers. Its operations are concentrated in markets such as South Florida, the Caribbean, Latin America and the Northeast and Northern Midwest regions of the United States. The firm offers travel insurance, carry-on and checked baggage, online booking, and other services. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Spirit Airlines reports strong Q4 revenue, eyes growth amid challenges

Spirit Airlines navigated challenges in Q4 2022 while maintaining strong revenue performance and anticipating growth in Q1 2023.
The company faces operational hurdles with engine issues and delivery delays but is focused on financial improvement and operational enhancements.
Despite facing off-peak demand weakness and cost challenges, Spirit Airlines is optimistic about revenue growth and operational optimization opportunities.
Capacity adjustments and strategic initiatives position Spirit Airlines for improved performance and efficiency in the coming quarters.

Spirit Airlines posts robust Q1 results amidst operational challenges

Spirit Airlines delivered strong Q1 results despite challenges, focusing on operational improvements, cost efficiency, and network optimization. The company is addressing current constraints to achieve normalized profitability and aims for double-digit margins in the future.

Spirit Airlines faces operational challenges but stabilizes pilot attrition

Spirit Airlines' Q2 performance was impacted by operational challenges and lower fare levels, with the GTF engine issues affecting revenue and future operations. Despite these challenges, the company is focused on stabilizing operations, retaining pilots, and driving future growth through productivity and resolving key issues.

Spirit Airlines reports Q4 revenue decline, eyes profitability in 2024

Spirit Airlines navigates challenges from regulatory issues and cost pressures while focusing on revenue management and cost optimization to achieve positive margins in 2024.
Despite a decrease in total revenue, the airline sees improvements in unit revenue and aims to capitalize on opportunities like network reconfiguration and fuel efficiency enhancements.
Stable liquidity, ongoing recovery efforts, and a strategic outlook for 2024 position Spirit Airlines to weather challenges and drive profitability through operational improvements.
Analyst questions highlighted concerns about breakeven targets, labor cost rightsizing, and GTF engine compensation timing, indicating a focus on addressing key operational and financial issues.

Spirit Airlines addresses challenges, targets profitability with strategic initiatives

Spirit Airlines navigated revenue challenges and operational hurdles in Q1 2024, focusing on strategic network changes and cost reduction initiatives. The company aims to achieve operating profitability in the upcoming quarters, emphasizing adaptability to market trends and customer preferences.

U.S. Energy Initiatives Corp. is a diverse energy firm, which develops hybrid fuel systems and technologies. It engages in the production of biofuel, as well as develops products and services for the medical marijuana and hemp sectors. The company was founded in 1996 and headquartered in Woodland Hills, CA.

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Earnings season led to some casualties among hard-hit stocks.

Why Align Technology, Spirit Airlines, and LendingTree Slumped Today

Spirit Airlines, Inc. (SAVE) CEO Edward Christie on Q2 2019 Results - Earnings Call Transcript

Spirit Airlines' (SAVE) top line improves year over year in the second quarter of 2019, courtesy of solid passenger revenues. However, the bearish cost projection for the third quarter is concerning.

Spirit (SAVE) Q2 Earnings Top, Q3 CASM View Weak, Stock Down

Spirit Airlines amassed second-quarter operating revenue that gained more than 18%, yet other metrics played a role in pushing SAVE down.
The post Spirit Airlines Earnings: SAVE Stock Down, Operating Expenses Rise 14% appeared first on InvestorPlace.

Spirit Airlines Earnings: SAVE Stock Down, Operating Expenses Rise 14%

Spirit (SAVE) delivered earnings and revenue surprises of 3.05% and 0.07%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Spirit (SAVE) Surpasses Q2 Earnings and Revenue Estimates

JetBlue Airways

JetBlue and Spirit Airlines weren't able to beat their unit revenue forecasts in the second quarter, but they are still set to report stellar earnings growth.

JetBlue Airways and Spirit Airlines Reaffirm Their Q2 Forecasts

This budget airline is growing rapidly and routinely earns big profits, but it is still valued like its best days are behind it.

1 Great Stock to Buy for July

Is Spirit Airlines Holdings (SAVE) a great pick from the value investor's perspective right now? Read on to know more.

Is Spirit Airlines (SAVE) A Great Pick for Value Investors?

Spirit (SAVE) launches several flights from Charlotte to cater to high travel demand during summer. Additionally, the carrier extends its base in Las Vegas with a couple of new destinations.

Spirit Starts Additional Services From Charlotte & Las Vegas

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The grounding of the 737MAX has now stretched into its fourth month and now includes the busy summer travel season.

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Carriers including Delta, United, Spirit, and Ryanair were all falling by double digits in May.

Why Airline Stocks Were Falling Last Month

United Continental Holdings Inc. may have friendly skies ahead for investors following a price drop over recent months, but Spirit Airlines Incorporated is headed for some revenue turbulence, Goldman Sachs said as it flipped ratings on the two carriers.

Goldman Sachs Changes Airline Reservations: Downgrades Spirit, Upgrades United

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Delta's (DAL) impressive May traffic report contributes to the sector tracker gaining over the past week.

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Oil prices have plummeted in the past couple of weeks, significantly improving the earnings outlook for Spirit Airlines.

Falling Oil Prices Will Boost Spirit Airlines' Bottom Line

Spirit Airlines' (SAVE) focus on extending its network raises optimism on the stock and should boost its top line going forward.

Spirit (SAVE) Adds Several Services to Broaden Nashville Base

Spirit (SAVE) reported earnings 30 days ago. What's next for the stock?

Why Is Spirit (SAVE) Down 8.7% Since Last Earnings Report?

High labor costs hinder Spirit's (SAVE) growth prospects. The recent upsurge in fuel prices adds to the pessimism.

Spirit (SAVE) Shares Down 16% YTD: What's Troubling it?

This budget airline is growing quickly, but the stock still trades for less than 10 times forward earnings.

1 Bargain Stock to Buy in May

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Issues related to Boeing 737 MAX jets hurt first-quarter 2019 earnings of the likes of American Airlines (AAL), which has multiple such planes in its fleet.

Airline Stock Roundup: Q1 Earnings Beat at AAL, LUV, ALK & SKYW

Investors punished Spirit Airlines stock on Thursday, after the company projected that EPS might increase "only" 40% in the second quarter.

Spirit Airlines Stock Plunges Despite Incredible Earnings Growth

Spirit Airlines, Inc. (SAVE) CEO Edward Christie on Q1 2019 Results - Earnings Call Transcript

Weather and construction worries are creating turbulence for this discounter.

Why Shares of Spirit Airlines Dropped on Thursday

Spirit Airlines' (SAVE) revenues improve year over year in the first quarter of 2019, courtesy of solid passenger revenues.

Spirit's (SAVE) Q1 Earnings Meet, CASM View Weak, Stock Down

Rise in labor costs and low unit revenues might hamper Spirit's (SAVE) Q1 results.

Will High Labor Costs Hurt Spirit's (SAVE) Q1 Earnings?

Spirit (SAVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Spirit Airlines Stock (SAVE)