Frontier Group Holdings (ULCC) Reports Q1 Loss, Misses Revenue Estimates

Frontier Group Holdings (ULCC) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.64%. A quarter ago, it was expected that this discount airline would post earnings of $0.13 per share when it actually produced earnings of $0.23, delivering a surprise of 76.92%.Over the last four quarters, the ...