Sun Country Airlines Holdings Inc SNCY.OQ reported quarterly adjusted earnings of 6 cents per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of seven analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 3 cents to 7 cents per share.
Revenue fell 2.6% to $254.38 million from a year ago; analysts expected $257.50 million.
Sun Country Airlines Holdings Inc's reported EPS for the quarter was 3 cents.
The company reported quarterly income of $1.81 million.
Sun Country Airlines Holdings Inc shares had fallen by 7.1% this quarter and lost 25.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 84.9% in the last three months.
In the last 30 days, two analysts revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."
The average consensus recommendation for the airlines peer group is also "buy"
Wall Street's median 12-month price target for Sun Country Airlines Holdings Inc is $20.00
This summary was machine generated from LSEG data August 2 at 02:22 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
0.05 |
0.06 |
Beat |
Mar. 31 2024 |
0.66 |
||
Dec. 31 2023 |
0.05 |
0.12 |
Beat |
Sep. 30 2023 |
0.14 |
0.14 |
Met |