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

MINNEAPOLIS, May 10, 2022 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) today announced that Dave Davis, president and chief financial officer, will present at the Bank of America Transportation, Airlines and Industrials Conference on Tuesday, May 17 at 10:40 AM EST.

Sun Country Airlines to Participate at the Bank of America Transportation, Airlines and Industrials Conference

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY ) Q1 2022 Results Conference Call May 5, 2022 3:30 PM ET Company Participants Chris Allen - Director, IR Jude Bricker - CEO Dave Davis - President and CFO Grant Whitney - Chief Revenue Officer and EVP Conference Call Participants Ravi Shanker - Morgan Stanley Duane Pfennigwerth - Evercore Brandon Oglenski - Barclays Catherine O'Brien - Goldman Sachs Scott Group - Wolfe Research Mike Linenberg - Deutsche Bank Christopher Stathoulopoulos - Susquehanna Operator Welcome to the Sun Country Airlines First Quarter 2022 Earnings Call. My name is Terry, and I will be your operator for today's call.

Sun Country Airlines Holdings, Inc. (SNCY) CEO Jude Bricker on Q1 2022 Results - Earnings Call Transcript

Sun Country Airlines Holdings, Inc. (SNCY) delivered earnings and revenue surprises of -9.09% and 1.47%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sun Country Airlines Holdings, Inc. (SNCY) Misses Q1 Earnings Estimates

Q1 2022 GAAP diluted EPS of $0.06 and operating income of $22 millionQ1 2022 Adjusted diluted EPS of $0.20( 1 ) and adjusted operating income of $23 million( 1)

Sun Country Airlines Reports First Quarter 2022 Results

MINNEAPOLIS, April 29, 2022 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) has appointed Patrick O'Keeffe, former senior human resources officer for American Airlines, to its board of directors effective April 29, 2022.

Sun Country Airlines Announces Appointment of Patrick O'Keeffe to Board of Directors

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.

Sun Country Airlines Holdings, Inc. (SNCY) Reports Next Week: Wall Street Expects Earnings Growth

MINNEAPOLIS, April 19, 2022 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) today announced that it will hold its first quarter 2022 earnings call on May 5, 2022 at 3:30p.m. eastern time.

Sun Country Airlines Announces First Quarter 2022 Conference Call Date

MINNEAPOLIS, March 31, 2022 (GLOBE NEWSWIRE) -- Sun Country, Inc. (“Sun Country”), a wholly owned subsidiary of Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY), today announced the completion of an offering of Enhanced Equipment Trust Certificates (the “Certificates”) which will be used to obtain financing secured by 13 Boeing 737-800 aircraft. Five of the 13 aircraft are currently owned and are being refinanced, two of the aircraft are currently owned outright, four of the aircraft are expected to be acquired on or about the initial funding date, and the remaining two aircraft are under lease and are to be purchased from the lessors under purchase options in the respective lease contracts. Sun Country received gross proceeds of $172,507,000 in respect of 12 of the aircraft on March 31, 2022, and expects to receive an additional $15,770,000 of gross proceeds in respect of the thirteenth aircraft on or before September 15, 2022.

Sun Country, Inc. Completes Private Offering of $188,277,000 Enhanced Equipment Trust Certificates

MINNEAPOLIS, March 10, 2022 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) today announced that Dave Davis, President and Chief Financial Officer, will present at the J.P Morgan Industrials Conference on Tuesday, March 15 at 3:50 PM EST.

Sun Country Airlines to Participate at the J.P. Morgan 2022 Industrials Conference

MINNEAPOLIS, March 02, 2022 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) today announced that Dave Davis, President and Chief Financial Officer, will present at the Raymond James Institutional Investors Conference on Wednesday, March 9 at 8:05AM EST.

Sun Country Airlines to Participate at the Raymond James 43rd Annual Institutional Investors Conference

MINNEAPOLIS, Feb. 21, 2022 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) today announced that Dave Davis, President and Chief Financial Officer, will participate in a fireside chat at the 2022 Barclays Industrial Select Conference on February 24, 2022 at 8:35 AM EST.

Sun Country Airlines to Participate in the 2022 Barclays Industrial Select Conference

American Airlines

Delta Air Lines

Spirit Airlines

United Continental Hlds

Frontier Group Holdings

A high-profile deal sparked optimism throughout the industry.

Why Airline Stocks Gained Altitude This Week

The newly public airline did much better than expected in the fourth quarter.

Why Sun Country Shares Are Flying High Today

Sun Country Airlines Holdings, Inc. (SNCY) CEO Jude Bricker on Q4 2021 Results - Earnings Call Transcript

Q4 2021 GAAP diluted EPS of ($0.01) and operating income of $11 millionQ4 2021 Adjusted diluted EPS of $0.10( 1 ) and adjusted operating income of $15 million (1) FY 2021 GAAP diluted EPS of $1.31 and operating income of $107 millionFY 2021 Adjusted diluted EPS of $0.33(1) and adjusted operating income of $51 million (1)

Sun Country Airlines Reports Fourth Quarter and Full Year 2021 Results

MINNEAPOLIS, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) issued a response to the following irregular flight incident.

Sun Country Airlines Statement

Boeing

Sun Country Airlines is a potential Boeing 737 MAX operator, but recent order flips have not made an order more likely. Sun Country Airlines focuses on secondhand aircraft market for expansion.

Boeing Stock: Sun Country Airlines Not A Bright MAX Win

MINNEAPOLIS, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) today announced that it will hold its fourth quarter and full year 2021 earnings call on February 8, 2022 at 8:30a.m. eastern time.

Sun Country Airlines Announces Fourth Quarter and Full Year 2021 Conference Call Date

Aptiv

Royal Philips

APTV, PHG, and SNCY have been added to the Zacks Rank #5 (Strong Sell) List on January 7, 2022

New Strong Sell Stocks for January 7th

Evercore ISI analyst Duane Pfennigwerth initiated Sun Country Airlines Holdings Inc (NASDAQ:SNCY) with an Outperform rating and a price target of $45, implying an upside of 71%. The analyst noted flexible capacity planning, a clean balance sheet, and a "scale sweet spot" for growth position the company well to deliver attractive earnings growth to recovery and beyond.

Evercore Sees 71% Upside In Sun Country Airlines

MINNEAPOLIS, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) today announced the appointment of Marion C. Blakey to its board of directors, effective December 17, 2021.

Sun Country Airlines Announces Appointment of Marion Blakey to Board of Directors

Sun Country Airlines to provide two aircraft to support Caesars Entertainment's charter needs in key destinations including Reno/South Lake Tahoe, Laughlin, Atlantic City and Gulfport, Miss. Sun Country Airlines to provide two aircraft to support Caesars Entertainment's charter needs in key destinations including Reno/South Lake Tahoe, Laughlin, Atlantic City and Gulfport, Miss.

Sun Country Airlines and Caesars Entertainment Announce New Five-Year Charter Agreement

Sun Country Airlines Holdings, Inc. (SNCY) CEO Jude Bricker on Q3 2021 Results - Earnings Call Transcript

Q3 2021 GAAP EPS of $0.23 and operating income of $22 million Q3 2021 Adjusted EPS of $0.23 ( 1 ) and adjusted operating income of $23 million (1)

Sun Country Airlines Reports Third Quarter 2021 Results

Sun Country Airlines (SNCY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

News for Sun Country Airlines Stock (SNCY)