#SAVE Earning declared EPS = 1.47 vs estimate= 1.33 for Q3/18 #sym #spy #earnings #markets

Earning released for SAVE: Actual EPS = 1.47 per share Estimate = 1.33 per share

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The mean EPS over the last 16 releases is 1.0 per share. The current EPS at 1.47 per share is above the average EPS of the last 16 quarterly earning releases.

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EARNING UPDATE $SAVE Spirit Airlines, Inc. for quarter ending q_Jun18 – Revenue grew, Margins expanded

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on SAVE [lwa][/s2If][s2If current_user_can(access_s2member_level0)]Spirit Airlines, Inc. reported earnings (EPS) of 0.16 per share for the quarter ending q_Jun18. This is vis-vis -0.66 per share for the previous quarter ending q_Mar18, a growth of 124.2 %. Compared to last year same quarter (q_Jun17), earnings…

$SAVE 2018-07-26 : Transcripts- SAVE Edited Transcript of SAVE earnings conference call

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Q2 2018 Spirit Airlines Inc Earnings Call

MIRAMAR Jul 27, 2018 (Thomson StreetEvents) — Edited Transcript of Spirit Airlines Inc earnings conference call or presentation Thursday, July 26, 2018 at 1:30:00pm GMT

TEXT version of Transcript

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$SAVE 2018-07-26 : Transcripts- Edited Transcript of SAVE earnings conference call

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Q2 2018 Spirit Airlines Inc Earnings Call

MIRAMAR Jul 27, 2018 (Thomson StreetEvents) — Edited Transcript of Spirit Airlines Inc earnings conference call or presentation Thursday, July 26, 2018 at 1:30:00pm GMT

TEXT version of Transcript

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United Continental Holdings (UAL) Industrials - Airlines | Reports January 18, Before Market Opens

Key Takeaways

The Estimize consensus is calling for earnings per share of $1.52 on $8.91 billion in revenue, 1 cent below Wall Street on the bottom line but right in line on the top

United Continental recently raised its target PRASM range to down 1.25-1.75% from a decline of 3 to 4%

Steadily rising fuel costs plus macroeconomic uncertainty poses a threat to high margin international flights

What are you expecting for UAL? Get your estimate in here!

Airline earnings season is officially underway and going by Delta’s results, other major airlines can expect to hit some turbulence. Delta announced better than expected revenue for the fourth quarter but fell short of analyst’s estimates on the bottom line. Sales figures benefited from lower fuel costs, improving travel trends and greater promotional and discounting campaigns. But discounting also put a damper on margins especially for large airlines which traditionally rely on overpriced flights. Don’t be surprised if United falls into a similar trap when it announces fourth quarter results tomorrow morning.

Analysts at Estimize expect United to post $1.52 per share on the bottom line, reflecting a 43% decline from a year. That estimate increased by 14% since the company’s most recent report in October. Revenue for the period is expected to decline by 2% to $8.91 billion, marking a significant improvement from previous reports in fiscal 2016. The stock typically does its best in the month following an earnings report, increasing by an average of 4%. Like the other airlines, United reports operational performance on a monthly basis. Its most recent reports declared December 2016 traffic increased by 2.6% on a 2.6% increase in average seat miles, compared to a year earlier. The company also took the time to raise guidance on key PRASM metrics from a decline of 3-4% to 1.25-1.75%. The bullish revisions reflect a stronger close in bookings, low fuel costs, and improving traffic trends.

United’s promotion activity, especially its member loyalty, continues to play a large role in its recent success. In fact, United was recently deemed to operate the best overall frequent flyer program in the world for a thirteenth straight year.

Some near term risks to another bullish report include currency headwinds, slowly rising fuel costs, macroeconomic uncertainty and increased competition. JetBlue, Spirit and Southwest pose a legitimate threat to major airlines market share by offering tickets at more attractive price points. Meanwhile the strength of the U.S. dollar and increasing turmoil overseas could hamper performance in international operations. Do you think UAL can beat estimates? There is still time to get your estimate in here!

United Continental Holdings (UAL) Industrials - Airlines | Reports October 17, Before Market Opens

Key Takeaways

The Estimize consensus is calling for earnings per share of $3.04 on $9.88 billion in revenue, 5 cents lower than Wall Street on the bottom line but $30 million higher on the top

United, like the rest of the industry, has faced near term headwinds from currency fluctuations, increasing competition, declining business flight demand and concerns around terrorist threats

Key PRASM metrics are expected to decline 5.5%-7.5% in Q3 but strong traffic trends in September could mean a bounceback in the fourth quarter

What are you expecting for UAL? Get your estimate in here!

United Continental is the second of the major airlines to report earnings, following Delta’s mixed third quarter results earlier this week. United, like Delta, is headed into its third quarter report with with tepid expectations. Factors such as the strong U.S. dollar, low fuel surcharges, declining business demand and increased competition should contribute to a decline in revenue and margins. The company has already indicated that its key PRASM metric is expected to fall between 5.5% and 7.5% compared to the same period last year

Analysts surveyed at Estimize are calling for earnings per share of $3.04, reflecting a 34% decline from a year earlier. That estimate has climbed 3% since the company last reported in July. Revenue for the period is estimated to drop 4% to $9.88 billion, marking a slight improving from the previous two quarters. Given the tough times the airlines is experiencing its surprising that shares are only down 6% year to date. Historically the stock remains flat following an earnings report and 30 days afterwards. Major airlines have faced significant headwinds lately from foreign currency pressures, mounting terrorist threats, weaker last minute business flights, and a simple reluctance to fly. United, in particular, has witnessed sharp declines across earnings and revenue with negative growth in the past two quarters. The second quarter posted a 5% decline in revenue and 6.6% drop in its crucial PRASM measure.

Management has already indicated that investors should expect similar declines throughout the third quarter. In its August Traffic reports the company posted marginal increases in consolidated traffic and capacity but also stated that PRASM is expected to decline 5.5-7.5% for the third quarter. September’s report instilled confidence in investors with surprisingly strong traffic trends, but that won’t be reflected in Q3 earnings.

Meanwhile, United is expected to see pricing pressure from increasing competition. Low budget airlines such as Southwest and Spirit have captured greater market share through a more consumer friendly pricing model. Do you think UAL can beat estimates? There is still time to get your estimate in here!

Delta Air Lines (DAL) Industrials - Airlines | Reports July 15, Before Market Opens

Key Takeaways

The Estimize consensus is calling for earnings per share for $1.66 on $10.61 billion in revenue, 1 cent higher than Wall Street on the bottom line and about in line on the top.

Delta expects key PRASM metrics to fall 7% with 1% coming by way of the August outage that resulted in 2,000 flight cancellation

The airline industry, Delta included, has faced significant headwinds including foreign currency pressure, mounting terrorist threat, weaker business flight demand, and increasing competition

What are you expecting for DAL? Get your estimate in here!

Delta is the first of the airlines to report this earnings season and will kicks things off Thursday afternoon. Its scheduled third quarter report is expected to set the tone for major airlines like United Continental and American Airlines, which take the stage the following week. It appears as if Delta’s troubles won’t be easing with tomorrow’s report. Early signs are pointing to a continued slowdown on the top and bottom line.

Analysts at Estimize are calling for earnings per share of $1.66, down 4% compared to the same period last year. That estimate has declined 5% since Delta’s most recent report in July. Revenue for the period is anticipated 4% lower to $10.61 billion, marking a 5th consecutive quarter of negative sales growth. Investors can take comfort that the stock typically pops 1-5% in the 30 days following an earnings report. Major airlines have faced significant headwinds lately from foreign currency pressures, mounting terrorist threats, weaker last minute business flights, and a simple reluctance to fly. Delta, in particular, has seen both revenue and earnings decline as results. Last quarter printed a 16% jump on the bottom line, down from 193% the quarter prior, and a 2% decline on the top. Passenger revenue per available seat mile (PRASM), the key metric all airlines are measured on, fell 4.9%. These ongoing woes have played a role in share prices falling 22.5% this year.

The above issues are likely to play a role in Thursday’s pivotal reports. Meanwhile, Delta is expected to see pricing pressure due to the highly competitive market. Low budget airlines such as Southwest and Spirit have captured greater market shares through a more consumer friendly pricing model. Delta has already indicated that Q3 PRASM could decline by as much as 7%, with 1% coming from the outage it experience in August. The disruption resulted in more than 2,000 flight cancelations and just as many refunds.

On a positive note, Delta will start flight services to Cuba which is expected to provide the airline with a much needed source of revenue. Delta also indicated that traffic figure for September 2016 were impressive. Any indication that Q4 guidance could be lifted is sure to put a smile on shareholders’ faces. Do you think DAL can beat estimates? There is still time to get your estimate in here!