earnings
confidence high
sentiment positive
materiality 0.75
Sun Country Q1 record revenue $294M; adjusted EPS $0.68 vs $0.20 YoY
Sun Country Airlines Holdings, Inc.
2023-Q1 EPS reported
$0.64
revenue$294,115,000
- Revenue $294.1M (record), up 29.8% YoY; net income $38.3M vs $3.6M YoY.
- GAAP diluted EPS $0.64; adjusted diluted EPS $0.68 vs $0.20 YoY.
- Operating margin 19.0% GAAP, 19.9% adjusted; scheduled service TRASM up 34.7%.
- Acquired five 737-900ER aircraft on lease to Oman Air; deliveries late 2024-2025.
- Q2 guidance: revenue $255-265M (16-21% growth), operating margin 11%-16%.