SPIRIT AIRLINES INC (SAVE) Earnings History & Surprises

NYSE:SAVE • US8485771021

1.08 USD
-0.24 (-18.18%)
At close: Nov 15, 2024
1.02 USD
-0.06 (-5.56%)
Pre-Market: 11/18/2024, 8:00:47 AM

Past quarterly earnings results for SPIRIT AIRLINES INC (SAVE), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateFeb 5, 2025
PeriodQ3 / 2024
EPS Estimate-$2.31
Revenue Estimate1.184B

Last Reported

Most Recent
Release DateOct 23, 2024
PeriodQ2 / 2024
EPS Reported-$1.44
EPS Surprise -3.95%
Revenue Surprise -2.96%

Beat Rate

Last 8 Quarters
38%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q2 2024 -1.44 -1.39 -3.95% -596.55% 1.281B 1.32B -2.96% -10.58%
Q1 2024 -1.46 -1.48 1.06% -78.05% 1.266B 1.295B -2.28% -6.24%
Q4 2023 -1.36 -1.49 8.91% -1,233.33% 1.322B 1.343B -1.58% -5.00%
Q3 2023 -1.37 -1.51 8.99% -4,666.67% 1.259B 1.283B -1.91% -6.30%
Q2 2023 0.29 0.39 -25.61% 196.67% 1.432B 1.502B -4.63% 4.82%
Q1 2023 -0.82 -0.87 5.60% 48.75% 1.35B 1.382B -2.33% 39.54%
Q4 2022 0.12 0.04 200.12% 118.75% 1.391B 1.411B -1.40% 40.88%
Q3 2022 0.03 -0.10 130.80% 104.35% 1.343B 1.373B -2.17% 45.59%
Q2 2022 -0.30 -0.47 35.75% 11.76% 1.367B 1.372B -0.39% 59.04%
Q1 2022 -1.60 -1.61 0.59% 35.48% 967.3M 981.51M -1.45% 109.69%
Q4 2021 -0.64 -0.89 28.28% 60.25% 987.6M 982.41M 0.53% 98.11%
Q3 2021 -0.69 -1.04 33.83% 70.26% 922.6M 940.84M -1.94% 129.56%
Q2 2021 -0.34 -0.83 58.91% 90.53% 859.3M 832.35M 3.24% 520.43%
Q1 2021 -2.48 -2.59 4.23% -188.37% 461.3M 468.28M -1.49% -40.18%
Q4 2020 -1.61 -1.46 -10.21% - 498.5M 526.33M -5.29% -
Q3 2020 -2.32 -2.69 13.84% - 401.9M 390.8M 2.84% -
Q2 2020 -3.59 -2.71 -32.46% - 138.5M 110.55M 25.28% -
Q1 2020 -0.86 -0.63 -36.17% - 771.1M 846.66M -8.92% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

SAVE EPS Q2Q GrowthSAVE EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 0 -1K -2K -3K -4K

Revenue Historical Q2Q growth and Acceleration

SAVE Revenue Q2Q GrowthSAVE Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 0 100 200 300 400 500

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
3
Average EPS beat (4)
3.75%
Max EPS beat (4)
8.99%
Min EPS beat (4)
-3.95%

Revenue beat statistics

Revenue beat (4)
0
Average Revenue beat (4)
-2.18%
Max Revenue beat (4)
-1.58%
Min Revenue beat (4)
-2.96%

Analysis

In the last 4 quarters, SAVE has beaten EPS estimates in 3 out of 4 releases
SAVE has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, SAVE has beaten the EPS estimates by 3.8% on average.
In the last 4 quarters, SAVE reported -2.2% below the revenue estimates on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

SPIRIT AIRLINES INC / SAVE Earnings FAQ

When did SPIRIT AIRLINES INC (SAVE) report earnings last quarter?

SPIRIT AIRLINES INC (SAVE) last reported earnings on 10/23/2024.


Did SAVE stock beat earnings estimates in the most recent quarter?

SPIRIT AIRLINES INC (SAVE) missed EPS estimates and missed revenue estimates in the most recent quarter.


Can you provide information on how often SPIRIT AIRLINES INC beats earnings estimates?

In the last 4 quarters, SPIRIT AIRLINES INC (SAVE) has beaten EPS estimates in 3 out of 4 releases.