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Frontier Group: Q3 Earnings Snapshot
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DENVER (AP) — DENVER (AP) — Frontier Group Holdings Inc. (ULCC) on Wednesday reported a loss of $104 million in its third quarter.

On a per-share basis, the Denver-based company said it had a loss of 45 cents. Earnings, adjusted for non-recurring costs, came to 18 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The discount airline posted revenue of $1.36 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.3 billion.

For the current quarter ending in December, Frontier Group expects its results to range from a loss of 15 cents per share to earnings of 5 cents per share.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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