Sun Country Airlines (SNCY) 2025 Conference May 13, 2025 02:55 PM ET Speaker0 Good afternoon, everyone. Thanks thank you for joining us today. Our next session here at the BofA Industrials Transportation and Airlines con conference is Sun Country. Sun Country is represented here by their CEO, Jude Bricker. Jude, thank you for, thank you for joining us. Speaker1 Think it's Nice, Andrew. Good to be here. Speaker0 First time at at at this conference. It is. Yeah. So look, Sun Country is, you know, more than ju ...

Sun Country Airlines (NASDAQ: SNCY ) reported its first quarter results on the 1 st of May. Despite booking record quarterly revenues, the stock price has declined by 38% since my last report in February this year. I haveDhierin runs the investing group The Aerospace Forum , whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers cont ...

Sun Country Airlines is a new breed of hybrid low-cost air carrier, whose mission is to connect guests to their favorite people and places, to create lifelong memories and transformative experiences. Sun Country dynamically deploys shared resources across our synergistic scheduled service, charter, and cargo businesses. Based in Minnesota, we focus on serving leisure and visiting friends and relatives ("VFR") passengers and charter customers and providing cargo service to Amazon, with flights throughout the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-40217 Sun Country Airlines Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 82-4092570 (State or other jurisdiction of incorp ...

Sun Country Airlines (SNCY) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Speaker0 and welcome to the Sun Country Airlines First Quarter twenty twenty five Earnings Call. My name is Carmen, and I will be your operator for today's call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I will now turn the call over to Chris Allen, Director of Investor Relations. ...

Core Insights - Sun Country Airlines Holdings, Inc. reported a revenue of $326.65 million for the quarter ended March 2025, reflecting a 4.9% increase year-over-year and a slight surprise of +0.13% over the Zacks Consensus Estimate of $326.22 million [1] - The earnings per share (EPS) for the quarter was $0.72, up from $0.66 in the same quarter last year, resulting in an EPS surprise of +2.86% compared to the consensus estimate of $0.70 [1] Financial Performance Metrics - The total available seat miles (ASMs) for the company was 2.37 billion, exceeding the two-analyst average estimate of 2.01 billion [4] - The fuel cost per gallon was reported at $2.66, slightly lower than the two-analyst average estimate of $2.70 [4] - Scheduled service ASMs were 2.02 billion, matching the two-analyst average estimate of 2.01 billion [4] - The company consumed 25.17 million gallons of fuel, slightly above the average estimate of 25.03 million gallons [4] - Revenue passenger miles for scheduled services were reported at 1.69 billion, aligning with the average estimate [4] - The load factor was 83.5%, which is below the average estimate of 84% [4] - Operating revenues from passenger services were $285.89 million, surpassing the average estimate of $282.76 million [4] - Other operating revenues were $12.60 million, falling short of the average estimate of $14.68 million [4] - Cargo operating revenues were $28.16 million, below the average estimate of $29.81 million [4] Stock Performance - Over the past month, shares of Sun Country Airlines have returned -20.1%, contrasting with the Zacks S&P 500 composite's -0.7% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]

Sun Country Airlines Holdings, Inc. (SNCY) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.86%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.27, delivering a surprise of 28.57%.Over the last four qua ...

Financial Performance - Sun Country Airlines reported total revenue of $327 million for Q1 2025, marking a 4.9% increase compared to Q1 2024 [3][7] - The company achieved GAAP diluted EPS of $0.66 and adjusted diluted EPS of $0.72, reflecting a year-over-year increase of 3.1% and 9.1% respectively [3][39] - GAAP operating income was $56 million with a margin of 17.2%, while adjusted operating income reached $60 million with a margin of 18.3% [3][4] Business Segments - Growth in charter and cargo businesses helped offset lower scheduled service revenue, demonstrating the effectiveness of the company's diversified business model [2][4] - Charter service revenue increased by 15.6% year-over-year to $55 million, while cargo revenue rose by 17.6% to $28 million [7][8] Cost and Expenses - Total GAAP operating expenses increased by 5.5% year-over-year, primarily due to a 5.8% rise in total block hours [9] - Significant non-fuel expenses included a 12.9% increase in salaries, driven by an increase in pilot headcount and wage scale adjustments [9] Capacity and Operations - System block hours flown grew by 5.8% year-over-year, with a 6.7% increase in scheduled service ASMs and a 10.7% increase in charter block hours [6] - Scheduled service TRASM decreased by 4.7% year-over-year, while the total fare per scheduled passenger increased by 1.0% [7][27] Liquidity and Financial Position - Total liquidity as of March 31, 2025, was $227 million, with net debt at $447 million [12][28] - The company completed a secondary public offering and entered into a four-year $75 million revolving credit facility [11][12] Future Outlook - For Q2 2025, the company expects total revenue between $250 million and $260 million, with an operating income margin projected between 4% and 7% [15]

Exhibit 99.1 Sun Country Airlines Reports First Quarter 2025 Results MINNEAPOLIS. May 1, 2025. 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, 2025. "Sun Country is pleased to report our eleventh consecutive profitable quarter with GAAP EPS of $0.66 and adjusted diluted EPS of $0.72 ," said Jude Bricker, Chief Executive Officer of Sun Country. "Despite the challenging scheduled re ...

The market expects Sun Country Airlines Holdings, Inc. (SNCY) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is ...