Difference between revisions of "Spirit Airlines Beats Estimates On Strong Travel Demand"

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Revision as of 21:25, 9 March 2023

Feb 6 (Reuters) - Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, fueled by strong demand for air travel despite ongoing economic concerns.
Shares of Spirit rose over 7% to $21 in aftermarket trade.
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"Leisure demand has remained strong," said Spirit's chief executive Ted Christie.
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Spirit earned $0.12 per share on an adjusted basis, above analyst estimates of $0.04 per share, according to Refinitiv data.
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