Spirit Airlines Inc (SAVEQ)

Currency in USD
0.465
0.000(0.00%)
Closed·
Showing Spirit Airlines historical data. For real-time data please try another search
Fair Value
Day's Range
0.4510.475
52 wk Range
0.0105.177
Key Statistics
Prev. Close
0.463
Open
0.47
Day's Range
0.451-0.475
52 wk Range
0.01-5.177
Volume
-
Average Volume (3m)
3.24M
1-Year Change
-82.12%
Book Value / Share
-
Fair Value
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Spirit Airlines Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Buy
Moving Averages
Sell

Spirit Airlines Inc Company Profile

Spirit Aviation Holdings, Inc. engages in providing passenger air transportation services. The company serves destinations throughout the United States, Latin America and the Caribbean with its all-Airbus Fit Fleet. The company was founded in 1964 and is based in Dania Beach, Florida.

Spirit Airlines Inc SWOT Analysis


Financial Turbulence
Spirit Airlines faces significant liquidity challenges, with negative EPS projections and concerns about meeting upcoming debt obligations, sparking restructuring talks.
Market Pressures
Explore how intense competition in the ultra-low-cost carrier segment and route overlaps with rivals are impacting Spirit's revenue streams and market position.
Restructuring Runway
Delve into potential restructuring strategies, including network downsizing and negotiations with bondholders, that could reshape Spirit's operational landscape.
Analyst Outlook
Discover varied analyst perspectives, with price targets ranging from $2.00 to $3.00, reflecting cautious views on Spirit's profitability and growth potential.
Read full SWOT analysis

Spirit Airlines Inc Earnings Call Summary for

  • Spirit Airlines reports Q2 adjusted net loss of $158M amid tough revenue environment and high industry capacity
  • New transformation strategy includes travel packages and network changes; Q3 revenue projected at $1.155B-$1.175B
  • TRASM expected to decline 6.4-8% YoY in Q3; capacity to decrease 0.3% in Q3, flat to low single-digit growth for full year
  • Airline focuses on returning to financial health, maintaining $1B+ liquidity by year-end; 2025 capacity forecast down high single-digits
  • Spirit optimistic about new product offerings, working on partnerships to increase business class visibility
Last Updated: 04/08/2024, 15:52
Read Full Transcript

Earnings

Latest Release
May 30, 2025
EPS / Forecast
0.68 / -1.60
Revenue / Forecast
1.01B / 1.04B
EPS Revisions
Last 90 days

SAVEQ Income Statement

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