Frontier Group Holdings (NASDAQ:ULCC) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Frontier Group Holdings beat estimated earnings by 37.5%, reporting an EPS of $-0.05 versus an estimate of $-0.08.
Revenue was up $243.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 14.85% drop in the share price the next day.
Here’s a look at Frontier Group Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.11 | 0.07 | -0.43 |
| EPS Actual | 0.18 | 0.15 | 0.09 | -0.50 |
| Revenue Estimate | 937.54M | 911.58M | 856.73M | 611.74M |
| Revenue Actual | 906.00M | 906.00M | 909.00M | 605.00M |
To track all earnings releases for Frontier Group Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
