Volaris (VLRS) Reports Q4 EPS of $0.10; offers guidance

Volaris (NYSE: VLRS) reported Q4 EPS of $0.10. Revenue for the quarter came in at $899 million versus the consensus estimate of $881 million.

GUIDANCE

For Q1'24

ASM growth (YoY) -16% to -18%

TRASM $8.5 to $8.7 cents

CASM ex fuel $5.5 to $5.7 cents

EBITDAR margin 25% to 27%

For FY'24

ASM growth (YoY) -16% to -18%

EBITDAR margin 31% to 33%

CAPEX (3) ~$300 million

The first quarter and full year 2024 outlook presented above includes the compensation that Volaris expects to receive for the projected grounded aircraft resulting from the GTF engine removals, in accordance with the Company’s agreement with Pratt & Whitney that was previously announced on December 5, 2023.

For earnings history and earnings-related data on Volaris (VLRS) click here.

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