Spirit Airlines (SAVE) Tops Q3 EPS by 40c, Revenues Beat

Spirit Airlines (NYSE: SAVE) reported Q3 EPS of ($2.32), $0.40 better than the analyst estimate of ($2.72). Revenue for the quarter came in at $401.9 million versus the consensus estimate of $375.3 million.

"Our future is very bright. While the pandemic continues to affect demand for air travel, we do not believe it changes our competitive position. Our excellent operational performance, strong Guest satisfaction metrics, and industry-leading cost structure, position us well to be among the first to reach sustained profitability," said Ted Christie, Spirit's President and Chief Executive Officer. "I thank the entire Spirit team for how well they have navigated the challenges in this incredibly dynamic time, shoring up our resources, and putting us in a position of strength to fully participate when demand recovers."

For earnings history and earnings-related data on Spirit Airlines (SAVE) click here.

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