Sun Country Airlines

Sun Country Airlines Holdings, Inc. engages in the provision of scheduled passenger service, charter air transportation and, cargo businesses. Its geographical segments include Domestic and Latin America segment. The company was founded on December 8, 2017 and is headquartered in Minneapolis, MN.

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

Earnings data Q4 2024

Sun Country Airlines posts robust Q4 results and eyes growth

Sun Country Airlines (SNCY) reported strong Q4 results, showcasing revenue growth and margin expansion in key business segments.
Despite challenges like pilot availability and seasonal adjustments, the company remains focused on optimizing operations and pursuing growth opportunities.
By emphasizing revenue diversification, controlled CapEx, and strategic network strategies, Sun Country is well-positioned for success in 2023.

Sun Country Airlines reports robust Q1 performance and growth plans

Sun Country Airlines delivered strong financial performance in Q1 2023, with notable revenue and income growth.
The company's unique business model and operational strengths position it well for future growth opportunities.
Challenges like increased CASM and staffing issues are being addressed as the company focuses on profitable expansion.
Strategic decisions around fleet growth and scheduling flexibility highlight Sun Country's commitment to long-term success.

Sun Country Airlines reports milestone revenue in Q2 2023

Sun Country Airlines delivered strong financial performance in Q2 2023, showcasing revenue growth, milestone achievements, and future growth prospects.
While facing challenges such as cost increases and revenue fluctuations, the company's strategic focus on operational efficiency and revenue diversification is key.
Opportunities lie in optimizing margins, managing costs effectively, and leveraging revenue streams for sustained growth and profitability in the aviation market.

Sun Country Airlines reports robust Q3 performance and growth opportunities

Sun Country Airlines delivered a strong performance in Q3 with revenue growth and a high operating margin, despite challenges in crew and pilot staffing levels. The company's unique business model and market expansions present growth opportunities. Sun Country aims to increase free cash flow, allocate funds to share repurchases, and continue focusing on being a strong free cash flow generator.

Sun Country Airlines achieves record revenue and plans for growth

Sun Country Airlines delivered strong financial performance in 2023, with a positive outlook for 2024. Key areas of focus include cost control, margin optimization, and strategic fleet expansion to capitalize on growth opportunities.

Sun Country Airlines achieves record margins amidst revenue growth

Sun Country Airlines demonstrated robust financial performance in Q1 2024, with record margins and revenue growth.
While facing challenges from yield resets and cost pressures, the company's operational strengths and liquidity position it well for the future.
Strategic adjustments and diversification efforts can help Sun Country Airlines navigate uncertainties and capitalize on growth opportunities.

Sun Country Airlines posts 9th profitable quarter, eyes cargo growth

Sun Country Airlines delivered another profitable quarter with revenue diversification and cost management strategies in place.
While facing challenges from industry dynamics, the company is well-positioned to capitalize on growth opportunities in the Cargo segment and operational improvements.
Strategic planning for capacity adjustments and a focus on revenue enhancement indicate a proactive approach towards sustainable growth and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY ) Q1 2024 Earnings Conference Call May 7, 20242 8:30 AM ET Company Participants Chris Allen - IR Jude Bricker - CEO David Davis - President, CFO & Director Conference Call Participants Ravi Shanker - Morgan Stanley Duane Pfennigwerth - Evercore ISI Helane Becker - TD Cowen Scott Group - Wolfe Research Michael Linenberg - Deutsche Bank Brandon Oglenski - Barclays Operator Welcome to the Sun Country Airlines' first-quarter 2024 earnings call. My name is Jill, and I will be your operator for today's call.

Sun Country Airlines Holdings, Inc. (SNCY) Q1 2024 Earnings Call Transcript

Sun Country Airlines Holdings, Inc. (SNCY) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.68 per share a year ago.

Sun Country Airlines Holdings, Inc. (SNCY) Lags Q1 Earnings and Revenue Estimates

Revenue of $311 million, highest first quarter on record(1) GAAP diluted EPS of $0.64 and operating income of $55 millionAdj. diluted EPS(2) of $0.66 and adjusted operating income(2) of $57 million, MINNEAPOLIS, May 07, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (“Sun Country Airlines,” “Sun Country,” the “Company”) (NASDAQ: SNCY) today reported financial results for its first quarter ended March 31, 2024.

Sun Country Airlines Reports First Quarter 2024 Results

MINNEAPOLIS, April 29, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) will hold its first quarter 2024 earnings call on Tuesday, May 7, 2024, at 8:30 a.m. Eastern Time.

Sun Country Airlines Will Hold Its First Quarter 2024 Earnings Conference Call May 7

Sun Country Airlines (SNCY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sun Country Airlines Holdings, Inc. (SNCY) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Alaska Air Group

SkyWest

Based on recent headlines talking of figurative and literal turbulence for the air travel space, you are correct to assume the best airline stocks to buy in April are a pretty short list. Shares in legacy carriers like American Airlines (NASDAQ: AAL ) and United Airlines (NASDAQ: UAL ) are steer clear situations right now.

The 3 Best Airline Stocks to Buy in April 2024

MINNEAPOLIS, March 06, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) President and Chief Financial Officer Dave Davis will present at the J.P. Morgan Industrials Conference on Tuesday, March 12 at 2:50PM EST.

Sun Country Airlines Will Participate in the J.P. Morgan Industrials Conference

RCM Technologies

Zymeworks Inc

Undervalued companies don't always have to be stocks with a significant decline in their share price. There is an abundance of solid companies that have experienced growth and share price appreciation.

3 Undervalued Small-Cap Stocks to Add to Your Must-Buy List

MINNEAPOLIS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) is extending its selling schedule through December 10, 2024, allowing customers to book fall travel including Thanksgiving and Minnesota's popular Oct. 17-20 school break long weekend. In addition, Sun Country has bolstered its schedules to leading travel destinations starting later this summer.

UPDATE - Sun Country Airlines Extends its Fall Booking Schedule

Sun Country Airlines Extends its Fall Booking Schedule

MINNEAPOLIS, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) President and Chief Financial Officer Dave Davis will participate in a fireside chat at the Barclays Industrials Conference on Thursday, February 22, at 2:25 p.m. EST. A link to the live webcast can be found on the Sun Country investor relations website.

Sun Country Airlines Will Participate in the Barclays 41st Annual Industrials Select Conference

JetBlue Airways

Spirit Airlines

Billionaire investor George Soros' investment fund has placed new bets on low-cost and ultra-low-cost U.S. airlines, going for fresh stakes in JetBlue Airways Corp., Spirit Airlines Inc. and Sun Country Airlines Holdings Inc., according to a filing late Wednesday.

George Soros' fund bets on U.S. leisure travel, with fresh stakes in JetBlue, Spirit, Sun Country

From a technical perspective, Sun Country Airlines Holdings, Inc. (SNCY) is looking like an interesting pick, as it just reached a key level of support. SNCY recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

Sun Country Airlines Holdings, Inc. (SNCY) Recently Broke Out Above the 50-Day Moving Average

Sun Country Airlines has experienced a decline in its stock price over the past year, attracting short interest from investors. The firm boasts higher margins and better unit economics than most other airlines in the United States, including its ultra-low cost competitors. Price target: $25.

Sun Country Airlines Is Ready For Takeoff

Sun Country delivered an earnings beat despite revenue that was a little short of what was expected. The airline is seeing costs rise, but its growth is offsetting the added expense.

Why Sun Country Airlines Stock Is Flying Higher Today

Sun Country Airlines Holdings, Inc. (SNCY) Q4 2023 Earnings Call Transcript

Sun Country Airlines Holdings, Inc. (SNCY) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.13 per share a year ago.

Sun Country Airlines Holdings, Inc. (SNCY) Beats Q4 Earnings Estimates

Q4 2023 total revenue of $245.5 million, highest fourth quarter on record(1) Q4 2023 GAAP diluted EPS of $0.10 and operating income margin of 7.0%Q4 2023 Adjusted diluted EPS of $0.12(2) and adjusted operating income margin of 7.4%(2) FY 2023 total revenue of $1.05 billion, highest full year on record(1) FY 2023 GAAP diluted EPS of $1.23 and operating income margin of 12.1%FY 2023 Adjusted diluted EPS of $1.37(2) and adjusted operating income margin of 13.0%(2), highest full year on record(1) MINNEAPOLIS, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (“Sun Country Airlines,” “Sun Country,” the “Company”) (NASDAQ: SNCY) today reported financial results for its fourth quarter and full year ended December 31, 2023. “We are excited that Sun Country's uniquely diversified business model, and the efforts of our outstanding employees, produced another strong quarter, with record revenue(1), a 7.0% GAAP operating income margin and a 7.4% adjusted operating income margin(2),” said Jude Bricker, Chief Executive Officer of Sun Country.

Sun Country Airlines Reports Fourth Quarter and Full Year 2023 Results

MINNEAPOLIS, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) will launch new nonstop service to Cleveland Hopkins International Airport (CLE) from Minneapolis-St. Paul International Airport (MSP) beginning in May. This new route will operate four times a week on Monday, Wednesday, Friday, and Saturday from May 17, 2024, through Labor Day weekend.

Sun Country Airlines announces new nonstop service from Minneapolis to Cleveland

MINNEAPOLIS, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) will hold its fourth quarter and full year 2023 earnings call on Thursday, February 1, 2024, at 8:00 a.m. Eastern Time.

Sun Country Airlines Will Hold Its Fourth Quarter and Full Year 2023 Earnings Conference Call February 1

MINNEAPOLIS, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) (“Sun Country Airlines”) today announced the pricing of the previously announced secondary public offering of 4,000,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholder”). The offering is expected to close, subject to customary closing conditions, on December 14, 2023.

Sun Country Airlines Holdings, Inc. Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

MINNEAPOLIS, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY) (“Sun Country Airlines”) today announced the commencement of a proposed secondary public offering of 4,000,000 shares of its common stock by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholder”). The underwriters will have a 30-day option to purchase up to an additional 600,000 shares of common stock from the Selling Stockholder.

Sun Country Airlines Holdings, Inc. Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY ) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Chris Allen - Director of Investor Relations Jude Bricker - Chief Executive Officer Dave Davis - President and Chief Financial Officer Grant Whitney - Chief Revenue Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Catherine O'Brien - Goldman Sachs Helane Becker - TD Cowen Michael Linenberg - Deutsche Bank Scott Group - Wolfe Operator Welcome to the Sun Country Airlines Third Quarter 2023 Earnings Call. My name is Crystal Love, and I will be your operator for today's conference.

Sun Country Airlines Holdings, Inc. (SNCY) Q3 2023 Earnings Call Transcript

Revenue of $249 million, highest third quarter on record( 1) GAAP diluted EPS of $0.13 and operating income of $19 millionAdj. diluted EPS( 2) of $0.14 and adjusted operating income(2) of $20 million, MINNEAPOLIS, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Sun Country Airlines Holdings, Inc. (“Sun Country Airlines,” “Sun Country,” the “Company”) (NASDAQ: SNCY) today reported financial results for its third quarter ended September 30, 2023.

Sun Country Airlines Reports Third Quarter 2023 Results

Sun Country Airlines Holdings, Inc. (SNCY) 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 Sun Country Airlines Stock (SNCY)