What to Expect from Frontier Group Holdings's Earnings

Frontier Group Holdings (NASDAQ:ULCC) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Frontier Group Holdings to report an earnings per share (EPS) of $-0.11.

Anticipation surrounds Frontier Group Holdings's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

Last quarter the company missed EPS by $0.01, which was followed by a 2.2% drop in the share price the next day.

Here's a look at Frontier Group Holdings's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.15

-0.18

-0.23

-0.17

EPS Actual

0.14

-0.09

0

-0.14

Price Change %

-2.0%

-3.0%

11.0%

-9.0%

Performance of Frontier Group Holdings Shares

Shares of Frontier Group Holdings were trading at $7.03 as of October 25. Over the last 52-week period, shares are up 112.98%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on Frontier Group Holdings

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Frontier Group Holdings.

Analysts have provided Frontier Group Holdings with 9 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $4.87, suggesting a ...