earnings
confidence high
sentiment positive
materiality 0.80
Frontier Group Q2 2023 pre-tax margin 9.1% (post-pandemic record), revenue +6% YoY to $967M
Frontier Group Holdings, Inc.
2023-Q2 EPS reported
$0.26
revenue$1,815,000,000
- Total operating revenues $967M (+6% YoY); pre-tax income $88M vs $8M a year ago.
- Diluted EPS $0.31 (GAAP & adjusted); prior-year quarter $0.06/$0.09.
- CASM (ex-fuel) improved 5% YoY to 6.90 cents; fuel cost $2.69/gal.
- Ancillary revenue $80/pax (+6% YoY); load factor 85.3% (+1 ppt).
- Cash $780M at quarter end; 126 Airbus fleet, 75% A320neo family.