— Spirit Airlines (NYSE: SAVE) reported fourth-quarter 2019 earnings of $1.24 per share versus $1.20 per share expected.
— Revenues rose 12.4% to $969.8 million versus $965.56 million expected. This was driven by an 18.6% growth in flight volume.
— Total operating revenue per available seat mile (TRASM) edged down 3.6% year-over-year, due to lower operating yields as load factor was up slightly.
— Cost per available seat mile, excluding one-time items, jumped by 3.3%. This was due to heavy maintenance amortization, maintenance, material and repairs, and other operating expenses.
— Spirit took delivery of nine new aircraft (seven A320neo and two A320ceo) during the fourth quarter, ending the year with 145 aircraft in its fleet.
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
