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 ...

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 ...

Core Viewpoint - JetBlue Airways reported a quarterly loss of $0.59 per share, slightly better than the Zacks Consensus Estimate of a loss of $0.61, but worse than the loss of $0.43 per share from the previous year, indicating ongoing financial challenges for the airline [1][2]. Financial Performance - The company posted revenues of $2.14 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.42% and down from $2.21 billion a year ago [2]. - Over the last four quarters, JetBlue has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2]. Stock Performance - JetBlue shares have declined approximately 48.2% since the beginning of the year, contrasting with the S&P 500's decline of 6% [3]. - The current Zacks Rank for JetBlue is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.13 on revenues of $2.44 billion, and for the current fiscal year, it is -$1.19 on revenues of $9.44 billion [7]. - The estimate revisions trend for JetBlue is mixed, and future changes in estimates will be closely monitored following the recent earnings report [6][7]. Industry Context - The Transportation - Airline industry, to which JetBlue belongs, is currently ranked in the bottom 27% of over 250 Zacks industries, suggesting a challenging environment for the sector [8].

Core Viewpoint - American Airlines reported a narrower-than-expected loss per share for Q1 2025, but the loss widened year-over-year, indicating ongoing challenges in the airline industry due to tariff-induced uncertainties [1][7]. Financial Performance - AAL's operating revenues decreased by 0.2% year-over-year to $12.55 billion, with passenger revenues, which account for 90.8% of total revenues, declining by 0.6% to $11.4 billion [4]. - Despite the narrower loss, annual earnings per share estimates for 2025 and 2026 have decreased due to the uncertainty surrounding the airline's outlook [7][8]. Guidance and Outlook - AAL expects earnings per share to be between $0.50 and $1 for Q2 2025 but has withdrawn its full-year guidance for 2025 due to the uncertain economic environment [2][3]. - Other airlines, including Delta Air Lines and Southwest Airlines, have also withdrawn their full-year guidance, reflecting a broader trend in the industry amid economic uncertainty [3]. Market Performance - AAL's stock has declined in double digits year-to-date, primarily due to the slowdown in domestic air travel demand caused by tariffs [9]. - The company's share price has remained relatively stable since the earnings release, but overall performance has been poor compared to industry peers [9]. Valuation - AAL is currently trading at a discount compared to industry levels based on the forward 12-month price-to-sales ratio, with a Value Score of A, indicating potential attractiveness from a valuation perspective [12]. - Low fuel costs, which decreased by 13.2% year-over-year in Q1 2025, could positively impact the company's bottom line [15]. Challenges - The airline faces near-term headwinds from tariff-induced demand slowdowns, high labor costs (with salaries and wages up 9.2% year-over-year), and declining earnings estimates [16][17]. - Given the current uncertainties, it is advised to avoid investing in AAL stock until more clarity emerges [17].

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 ...

SkyWest (SKYW) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.63%. A quarter ago, it was expected that this regional airline would post earnings of $1.77 per share when it actually produced earnings of $2.34, delivering a surprise of 32.20%.Over the last four quarters, the company ...

Core Viewpoint - Alaska Air Group reported a quarterly loss of $0.77 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.72, but an improvement from a loss of $0.92 per share a year ago [1][2] Financial Performance - The company posted revenues of $3.14 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.80%, compared to revenues of $2.23 billion a year ago [2] - Over the last four quarters, Alaska Air has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Alaska Air shares have declined approximately 30.6% since the beginning of the year, while the S&P 500 has decreased by 10.1% [3] - The current Zacks Rank for Alaska Air is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.52 on revenues of $3.77 billion, and for the current fiscal year, it is $5.19 on revenues of $14.51 billion [7] - The trend of estimate revisions for Alaska Air is mixed, which could change following the recent earnings report [6] Industry Context - The Transportation - Airline industry is currently in the bottom 38% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Company Overview - AerCap (AER) is expected to report a year-over-year decline in earnings, with a projected EPS of $2.68, reflecting an 18.5% decrease, and revenues anticipated at $1.98 billion, down 1.9% from the previous year [3][12]. Earnings Expectations - The earnings report is scheduled for April 30, 2025, and the actual results will significantly influence the stock price, depending on whether they meet or exceed expectations [2][10]. - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. Earnings Surprise Prediction - AerCap has a positive Earnings ESP of +13.06%, suggesting analysts have recently become more optimistic about the company's earnings prospects [10]. - The stock currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, AerCap exceeded the expected EPS of $2.56 by delivering $3.31, resulting in a surprise of +29.30% [12]. - Over the past four quarters, AerCap has beaten consensus EPS estimates three times, showcasing a strong track record [13]. Industry Context - JetBlue Airways (JBLU), another player in the airline industry, is expected to report a loss of $0.61 per share, marking a 41.9% year-over-year decline, with revenues projected at $2.15 billion, down 2.7% [17]. - JetBlue's consensus EPS estimate has been revised down significantly by 520% over the last 30 days, yet it also has a positive Earnings ESP of 2.33%, indicating a potential to beat estimates [18].

Industry Overview - The Zacks Transportation - Airline industry is benefiting from declining fuel costs, which are a significant input cost for airlines [1][4] - Airlines are cutting capacity to address the tariff-induced decline in air travel demand, which is a shareholder-friendly approach [1][6] - The industry includes both legacy carriers and low-cost airlines, with operations supported by regional subsidiaries and third-party carriers [3] Financial Performance - The Zacks Airline industry has gained 23.7% over the past year, outperforming the S&P 500's rise of 7.7% and the broader sector's decline of 12.1% [12] - The industry's earnings estimate for 2025 has improved by 5% since September 2024, indicating positive earnings growth potential [10] Valuation Metrics - The industry has a forward 12-month price-to-sales (P/S) ratio of 1.16X, significantly lower than the S&P 500's 4.81X and the sector's 1.68X [15] Key Players - SkyWest (SKYW) has seen its stock surge 28% in the past year, with a 7.6% increase in the Zacks Consensus Estimate for 2025 earnings over the past 60 days [20] - Frontier Group (ULCC) has experienced a 42.2% increase in the Zacks Consensus Estimate for 2025 earnings, and is offering free checked bags for summer travel [23][24] - Allegiant (ALGT) has a Zacks Rank 2 (Buy) and has revised its current-year earnings estimate upward by 21.8% over the past 60 days [26]