earnings
confidence high
sentiment positive
materiality 0.75
Frontier raises Q4 2024 adjusted pre-tax margin guidance to ~4%
Frontier Group Holdings, Inc.
2024-FY EPS reported
$0.37
revenue$3,775,000,000
- Adjusted pre-tax margin now ~4%, up 300 bps from prior range of breakeven to 2%.
- RASM expected ~14% higher YoY due to network optimization and capacity moderation.
- Adjusted non-fuel operating expenses narrowed to $725-$735M; total liquidity ~$930M.
- Q4 capacity down ~2.1% YoY; average fuel cost $2.45-$2.48 per gallon.
- Year-end financial results to be released February 7, 2025.