earnings
confidence high
sentiment positive
materiality 0.75
Frontier Q2 revenue record $1.28B, up 38% YoY; adjusted EPS loss $0.10 beats guidance
Frontier Group Holdings, Inc.
- Record Q2 revenue of $1.279B, up 38% YoY; GAAP net loss $90M, adjusted net loss $22M.
- Adjusted EPS loss of $0.10 vs. GAAP loss of $0.39; RASM 11.52¢, up 28% YoY, above guidance.
- Ended Q2 with $1.16B liquidity (27% of trailing 12-month adj. revenue); CASM ex-fuel 7.42¢ stage-adjusted.
- Expects Q3 RASM increase over 20% YoY; took delivery of 6 A320neo/A321neo, returned 24 A320neo under Early Return Agreement.
- Extended Barclays co-brand card through 2037; plans Starlink Wi-Fi launch by early 2027.