What to Expect When Spirit Airlines Reports Earnings
Spirit Airlines (NASDAQ: SAVE) will release its third-quarter results on Oct. 26. While the company made a long-awaited return to unit revenue growth last quarter, Spirit's overall revenue picture for the rest of the year looks overwhelmingly negative thanks to a couple of hurricanes and the effects of a fare war that are still spreading throughout Spirit's network.
Even before hurricane season got underway, Spirit's year was off to a rough start. The company had to cancel more than 850 flights back in May due to a dispute with its pilots, costing Spirit roughly $45 million in Q2.
Image source: Spirit Airlines.
Source: Fool.com
Spirit Airlines, Inc. Stock
€2.34
2.790%
The community sentiment towards Spirit Airlines, Inc. is currently rather negative with 14 Sell predictions and no Buy predictions.
With a target price of 2 € there is a slightly negative potential of -14.49% for Spirit Airlines, Inc. compared to the current price of 2.34 €.
