secwatch.observer — SEC 8-K summary
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Issuer:     Sun Country Airlines Holdings, Inc. (SNCY)
CIK:        0001743907
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001743907-23-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sun Country Q3 revenue record $249M (+12.3% YoY); adjusted diluted EPS $0.14 (+16.7%)
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- GAAP operating income $19M, operating margin 7.6%; adjusted operating margin 8.1%.
- Scheduled service ASMs grew 15.1% while TRASM declined only 5.0% to 11.72 cents.
- Board authorized additional $25M share repurchase; $25M remaining; repurchased 2.1M shares at $15.30 in Q3.
- Q4 2023 guidance: revenue $242-252M (7-11% growth), operating margin 3-5%, economic fuel $3.20/gal.
- Cargo revenue $26M (+10% YoY) on 6.3% more block hours; charter revenue $47M (+10.6% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743907/000174390723000022/0001743907-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743907/000174390723000022/sncy-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001743907-23-000022

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