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2023

Frontier Group: Q1 Earnings Snapshot

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DENVER (AP) — DENVER (AP) — Frontier Group Holdings Inc. (ULCC) on Wednesday reported a loss of $13 million in its first quarter.

On a per-share basis, the Denver-based company said it had a loss of 6 cents.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The discount airline posted revenue of $848 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $856.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULCC at https://www.zacks.com/ap/ULCC

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