secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sun Country Airlines Holdings, Inc. (SNCY)
CIK:        0001743907
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001743907-23-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sun Country Q4 revenue $227.2M (+31.6% YoY); adj. EPS $0.13; FY22 record revenue $894.4M
--------------------------------------------------------------------------------

- Q4 GAAP diluted EPS $0.12; adjusted diluted EPS $0.13; operating margin 6.7%.
- Full-year 2022 revenue $894.4M (+43.6% YoY); GAAP net income $17.7M vs $81.2M in 2021 due to fuel and labor costs.
- Adjusted net income for 2022 $25.8M (+41.8%); adjusted diluted EPS $0.42 (+35.5%).
- Q1 2023 guidance: revenue $280-290M; operating margin 15-20%; system block hours 35k-36k.
- Completed $25M ASR (1.4M shares at $18.23 avg); $25M buyback authorization remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743907/000174390723000003/0001743907-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743907/000174390723000003/sncy-20230202.htm
  HTML page:      https://secwatch.observer/filing/0001743907-23-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer