Spirit Airlines/SAVE

$6.42

1.1%
-
1D1W1MYTD1YMAX

About Spirit Airlines

Spirit Airlines, Inc. offers affordable travel to value-conscious guests (Guests). The Company’s all-Airbus fleet is one of the most fuel efficient in the United States. It serves approximately 93 destinations in 15 countries throughout the United States, Latin America and the Caribbean. Its ultra low-cost carrier (ULCC) business model allows it to compete principally by offering Guests unbundled base fares that remove components traditionally included in the price of an airline ticket. It provides customizable travel options starting with an unbundled fare. This allows its Guests to pay only for the options they choose like bags, seat assignments, refreshments and Wi-Fi - something the Company call A La Smarte. The Company operate the Spirit Saver$ Club, which is a subscription-based loyalty program that allows members access to unpublished, extra-low fares as well as discounted prices on bags and seats, shortcut boarding and security. It also operates the Free Spirit loyalty program.

Ticker

SAVE

Sector

Industrials

Trading on

NYSE

Industry

Airline

CEO

Edward Christie

Employees

13,167

Headquarters

Miramar, United States

Spirit Airlines Metrics

BasicAdvanced
$687.52M
Market cap
-
P/E ratio
-$4.10
EPS
1.38
Beta
-
Dividend rate

What the Analysts think about Spirit Airlines

Analyst Ratings

Majority rating from 12 analysts.
Hold

Price Targets

Average projection from 6 analysts.
16.82% upside
High $18.00
Low $4.00
$6.42
Current price
$7.50
Average price target

Spirit Airlines Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-13.89% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.32B
5.02%
Net income
$-183.6M
16.57%
Profit margin
-13.89%
11.03%

Spirit Airlines Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 7.08%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.82
$0.29
-$1.37
-$1.36
-
Expected
-$0.85
$0.38
-$1.48
-$1.46
-$1.40
Surprise
-3.71%
-24.12%
-7.17%
-7.08%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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