Spirit Airlines reported Q1 2024 revenue decline, missing consensus. EPS loss was $(1.46). Load factor down, new aircraft delivered, AOG credits from Pratt & Whitney, and deferral of aircraft deliveries expected to improve liquidity.
The AdvanSix sales decline was due to a 9% unfavorable impact of market-based pricing and a 7% decrease in volume primarily due to the operational disruption at the Frankford site.
Fluor reported a Q1 FY2024 revenue decline of 0.5%, missing consensus. Sales by segment: Energy, Urban, Mission, and Others. Adjusted EPS at $0.47. Total new awards of $7.02B. 2024 outlook reaffirmed.