Frontier Group (ULCC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Frontier Group Holdings reported $886 million in revenue for Q3 2025, a year-over-year decline of 5.2% and an EPS of -$0.34 compared to -$0.05 a year ago, indicating a significant drop in profitability [1] - The revenue fell short of the Zacks Consensus Estimate of $903.47 million by 1.93%, while the EPS exceeded the consensus estimate of -$0.36 by 5.56% [1] Financial Performance Metrics - Load Factor was reported at 80.7%, exceeding the average estimate of 79.6% by four analysts [4] - Revenue Passenger Miles (RPMs) reached 7.82 billion, significantly higher than the three-analyst average estimate of 5.17 billion [4] - Fuel cost per gallon was $2.54, slightly above the average estimate of $2.46 by three analysts [4] - Total Revenue per Available Seat Mile (RASM) was 9.14 cents, lower than the average estimate of 9.48 cents [4] - Available Seat Miles (ASMs) totaled 9.69 billion, in line with the three-analyst average estimate of 9.6 billion [4] - Adjusted Cost per Available Seat Mile (CASM) excluding fuel was reported at 7.53 cents, better than the average estimate of 8.02 cents [4] - Adjusted CASM was 9.95 cents, lower than the average estimate of 10.36 cents [4] - Average stage length was 917.00 miles, close to the estimated 917.53 miles [4] - Fuel gallons consumed were 92.19 million, slightly above the average estimate of 91.96 million [4] - Adjusted CASM plus net interest was 9.94 cents, compared to the average estimate of 10.28 cents [4] - Operating revenues from passengers were $854 million, below the average estimate of $886.1 million and representing a 6.2% decline year-over-year [4] - Operating revenues from other sources were $32 million, exceeding the average estimate of $27.89 million and reflecting a 28% year-over-year increase [4] Stock Performance - Shares of Frontier Group have declined by 18.2% over the past month, contrasting with a 1% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]