Frontier Group Holdings, Inc. (NASDAQ:ULCC) Q3 2024 Earnings Conference Call October 29, 2024 11:30 AM ET Company Participants David Erdman – Senior Director of Investor Relations Barry Biffle – Chief Executive Officer Jimmy Dempsey – President Mark Mitchell – Chief Financial Officer Bobby Schroeter – Chief Commercial Officer Conference Call Participants Ravi Shanker – Morgan Stanley John Dorsett – Barclays Savi Syth – Raymond James Shannon Doherty – Deutsche Bank Andrew Didora – Bank of America Scott Group ...

For the quarter ended September 2024, Frontier Group Holdings (ULCC) reported revenue of $935 million, up 5.9% over the same period last year. EPS came in at -$0.05, compared to -$0.14 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $939.91 million, representing a surprise of -0.52%. The company delivered an EPS surprise of -150.00%, with the consensus EPS estimate being -$0.02. While investors scrutinize revenue and earnings changes year-over-year and how they comp ...

Frontier Group Holdings (ULCC) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -150%. A quarter ago, it was expected that this discount airline would post earnings of $0.11 per share when it actually produced earnings of $0.14, delivering a surprise of 27.27%. Over the last four quarters, th ...

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 September 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 File Number: 001-40304 Frontier Group Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdicti ...

DENVER, Oct. 29, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (Nasdaq: ULCC), parent company of Frontier Airlines, Inc., today reported financial results for the third quarter of 2024 and issued guidance for the fourth quarter and full year 2024.Highlights: Total operating revenues were $935 million, 6 percent higher than the comparable 2023 quarter, on a 4 percent increase in capacity Revenue per available seat mile ("RASM") was 9.28 cents, 2 percent higher than the comparable 2023 quarter RASM on a ...

"Our revenue and network initiatives began to overcome oversupplied industry capacity as evidenced by RASM which inflected positive by mid-August," commented Barry Biffle, Chief Executive Officer. "We expect maturity of our network and revenue initiatives and moderating industry capacity growth to set the stage to continue to grow RASM and, along with our industry leading cost performance, to drive a return to double-digit adjusted pre-tax margins by summer 2025." Frontier Airlines Reports Third Quarter 202 ...

KEY TAKEAWAYSSpirit Airlines shares are surging in premarket trading Wednesday on a report that Frontier Airlines parent Frontier Group Holdings is in the early stages of a renewed bid for its rival discount carrier.The Wall Street Journal said the two sides have had recent discussions and the deal would form part of Spirit's debt restructuring.Spirit is currently in the midst of discussions with bondholders ahead of a potential bankruptcy filing, the report said, noting that merger talks are in early stage ...

Core Viewpoint - Glendon Capital Management LP opposes the proposed acquisition of Frontier Communications by Verizon at the current price, arguing that it significantly undervalues Frontier's assets and earnings trajectory [1][2]. Group 1: Valuation and Financial Analysis - Glendon believes Frontier's enterprise value is at least $26 billion, which is 30% higher than the $20 billion enterprise value derived from the Verizon transaction [2]. - The valuation is based on an analysis of recent comparable transactions and Frontier's expected future cash flows [2]. Group 2: Governance and Shareholder Engagement - Glendon expressed disappointment with Frontier's Board for hastily setting the record date and special meeting of stockholders, urging an extension of both dates to allow shareholders to fully understand Frontier's standalone case [2].

Three passengers filed a lawsuit against Frontier Airlines over claims they suffered injuries when a flight caught on fire while landing at an airport in Las Vegas earlier this month. Eddie Frierson, Alberto Cardoso, and Ana Figueroa-Cueva were passengers on Frontier Flight 1326 from San Diego, California, to Las Vegas, Nevada, when the fiery aircraft landed at Harry Reid International Airport on Oct. 5.The plaintiffs claimed that the plane "violently crash-landed" at the airport without warning, Fox 5 Vega ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Frontier Group Holdings (ULCC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 29, 2024, might help the stock move higher if these key numbers are ...