8-K
filed February 6, 2023, 6:59 PM ET
ticker FLYYQ
CIK 0001498710
earnings
confidence high
sentiment neutral
materiality 0.75
Spirit posts Q4 GAAP loss $270.7M, adjusted profit $0.12/share; 2023 capacity up 19-22%
Spirit Aviation Holdings, Inc.
2022-FY EPS reported
-$5.10
revenue$5,068,447,000
- Q4 GAAP net loss $270.7M ($2.49/diluted share); adjusted net income $12.6M ($0.12/diluted share).
- Total operating revenue $1.39B, up 43.5% vs Q4 2019; TRASM 10.81¢, +17% on 22.7% more capacity.
- Adjusted operating income $57.6M (4.1% margin); GAAP operating loss $305.7M.
- FY2023 capacity expected +19-22% vs 2022; CASM ex-fuel mid-to-high 6¢ range including pilot contract.
- Agreed to sell 29 A319ceo aircraft to Gryphon; deliveries through Q3 2024; fleet at 194 aircraft.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.7
Spirit Aviation Holdings, Inc. reported financial results for full year 2022.
- Period
- full year 2022
- Result
- reported results
Exact text from the filing
On February 6, 2023, Spirit Airlines, Inc. (the “Company” or “Spirit”) issued a press release announcing its unaudited financial results for the fourth quarter and full year of 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Spirit Aviation Holdings, Inc. reported Fourth Quarter 2022 results: revenue $1,391.3 million, net income $(270.7) million, EPS $(2.49).
- Period
- Fourth Quarter 2022
- Revenue
- $1,391.3 million
- Net income
- $(270.7) million
- EPS
- $(2.49)
- Result
- reported results
Exact text from the filing
Fourth Quarter 2022 (unaudited) As Reported Adjusted 1 Total operating revenues $1,391.3 million $1,391.3 million Operating income (loss) $(305.7) Million $57.6 Million Operating margin (22.0)% 4.1% Net income (loss) $(270.7) million $12.6 million Diluted income (loss) per share $(2.49) $0.12
View on SEC.gov
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