Frontier Group: Q3 Earnings Snapshot
DENVER (AP) — DENVER (AP) — Frontier Group Holdings Inc. (ULCC) on Wednesday reported a loss of $77 million in its third quarter.
On a per-share basis, the Denver-based company said it had a loss of 34 cents.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 36 cents per share.
The discount airline posted revenue of $886 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $903.5 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULCC at https://www.zacks.com/ap/ULCC

Leave a Comment
Your email address will not be published. Required fields are marked *