Get ready to mark your calendars because the much anticipated third quarter financial results of Frontier Group Holdings (NASDAQ: ULCC) are set to be unveiled on Tuesday 29th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.
It is anticipated by financial experts on Wall Street that the concern is set to announce an estimated $0.03 loss per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $942.13 million for this period.
The earnings report for the corresponding quarter in the previous year showcased a per-share loss of $0.14. This considerable sum was attributed to the company's total revenue, which reached an impressive $883 million during that specific quarter.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $3.76 billion. Additionally, they are expecting the company to report profit of $0.04 per share for the full year 2024.
ULCC will host a conference call with investment community on 29th October 2024 at 11:30 AM eastern time to discuss the financial results.
During Friday's trading, Frontier Group Holdings (ULCC) shares reached a low of $6.89 and a high of $7.10, along with a total volume of 1.53 million shares. The stock ended the regular trading session at $7.03, marking an upturn of 0.72 percent.
