Spirit Airlines, Inc. (NYSE:SAVE) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants DeAnne Gabel - Senior Director of Investor Relations Edward Christie - President and Chief Executive Officer Matthew Klein - Chief Commercial Officer Fred Cromer - Executive Vice President and Chief Financial Officer Rana Ghosh - Chief Transformation Officer Conference Call Participants Andrew Didora - Bank of America Merrill Lynch Michael Linenberg - Deutsche Bank Daniel McKenzie - Seaport Glob ...

For the quarter ended June 2024, Spirit (SAVE) reported revenue of $1.28 billion, down 10.6% over the same period last year. EPS came in at -$1.44, compared to $0.29 in the year-ago quarter. The reported revenue represents a surprise of -1.91% over the Zacks Consensus Estimate of $1.31 billion. With the consensus EPS estimate being -$1.30, the EPS surprise was -10.77%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

Spirit (SAVE) came out with a quarterly loss of $1.44 per share versus the Zacks Consensus Estimate of a loss of $1.30. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.77%. A quarter ago, it was expected that this airline would post a loss of $1.43 per share when it actually produced a loss of $1.46, delivering a surprise of -2.10%. Over the last four quarters, the company has surpassed ...

EXHIBIT 99.1 Spirit Airlines Reports Second Quarter 2024 Results Ended the Second Quarter 2024 with $1.14 Billion of Liquidity DANIA BEACH, Fla., August 1, 2024 - Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today reported second quarter 2024 financial results. | --- | --- | --- | |-----------------------------------|------------------|--------------------------| | | As Reported | (unaudited) \n1 Adjusted | | Total operating revenues | $1,280.9 million | $1,280.9 million | | Operating inco ...

Ended the Second Quarter 2024 with $1.14 Billion of Liquidity DANIA BEACH, Fla., Aug. 1, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today reported second quarter 2024 financial results. Second Quarter 2024 Financial Results | --- | --- | --- | |-------------------------------------------------------|------------------------------|--------------------------| | | (unaudited) | | | | As Reported | Adjusted1 | | Total operating revenues | $1,280.9 million | $1,280.9 mill ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ Form 10-Q _______________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission F ...

Spirit Airlines (NYSE:SAVE) is changing up its pricing options to offer more perks to customers who choose to pay more for their seats. Spirit Airlines Perks SAVE stock is down slightly as of Wednesday morning. More Wednesday Stock Market News Let's break these four options down below! Spirit Airlines will start introducing these new seating options next month. The Go and Go Savvy options will start on Aug. 16 with the Go Comfy and Go Big options starting on Aug. 27. We have all of the hottest stock market ...

The airline has been losing money despite booming travel demand, raising questions about its ability to manage debt that is due to mature in 2025 and 2026. The airline has been losing money despite booming travel demand, raising questions about its ability to manage debt that is due to mature in 2025 and 2026. Getty Images A greater willingness on the part of air travelers to pay up for more comfort and a better experience has prompted US carriers to find ways to attract them. Spirit Airlines said there wil ...

Low-fare travel leader changes the game again with the announcement of new premium offerings starting August 2024 DANIA BEACH, Fla., July 30, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is redefining low-fare travel with new, high-value options that empower travelers to choose an elevated Guest experience at an affordable price. The airline is introducing new offerings, including brand-new premium selections, as part of a significant transformation that delivers an even friendlier, more comfortable, a ...

Spirit Airlines (SAVE 2.78%) has experienced nothing but turbulence lately. The company is dealing with the fallout of a failed merger attempt with JetBlue and has struggled to get on better financial footing. Perhaps a successful turnaround is on the horizon. Should investors buy this struggling airline stock? After the proposed merger with JetBlue was blocked by a federal judge earlier this year, it seemed like shareholders were disappointed. The objective of the deal was to create a more powerful domesti ...