---
schema_version: "secwatch.filing_event.v1"
accession: "0001743907-22-000016"
form_type: "8-K"
ticker: "SNCY"
cik: "0001743907"
company_name: "Sun Country Airlines Holdings, Inc."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T18:54:40.013827+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sun Country Q3 revenue up 28% to $222M, GAAP EPS $0.18; authorizes $50M buyback

## Summary
- GAAP net income $10.7M ($0.18 diluted EPS); adjusted EPS $0.12; revenue $221.7M (+28% YoY).
- Scheduled service unit revenue +39% vs Q3 2021; total revenue guided $220-230M for Q4 2022.
- Board authorized $50M stock repurchase program; plans $25M accelerated share repurchase soon.
- Training constraints and Hurricane Ian reduced capacity; 91 pilots hired in 2022 (+20%).
- Q4 guidance: operating income margin 4-8%; economic fuel cost $3.75/gal; block hours +9-12%.

## SEC filing metadata
- accession: 0001743907-22-000016
- form_type: 8-K
- ticker: SNCY
- cik: 0001743907
- company_name: Sun Country Airlines Holdings, Inc.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743907/000174390722000016/0001743907-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743907/000174390722000016/sncy-20221031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743907-22-000016
- JSON: https://secwatch.observer/filing/0001743907-22-000016.json
- Plain text: https://secwatch.observer/filing/0001743907-22-000016.txt

## Key facts
- Earnings Releases
  Sun Country Airlines Holdings, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue $222 million, net income $10.7 million, EPS $0.18.
  - Period: the fiscal quarter ended September 30, 2022
  - Revenue: $222 million
  - Net income: $10.7 million
  - EPS: $0.18
  - Result: reported results
  source text: per share (1) $ 0.29 $ 0.21 38.1 Page 1 For the quarter ended September 30, 2022, Sun Country reported net income of $11 million and income before income tax of $13 million, on $222 million of revenue. Adjusted income before income tax for the quarter was $10 million (1) . GAAP operating income during the quarter was $15 million, producing an operating margin of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743907/000174390722000016/0001743907-22-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.