Spirit Airlines Announces First Quarter 2015 Results; Adjusted Net Income Increases 87.1 Percent to $70.7 Million and Pre-Tax Margin Increases 900 Basis Points to 22.7 Percent

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Go back to Spirit Airlines Announces First Quarter 2015 Results; Adjusted Net Income Increases 87.1 Percent to $70.7 Million and Pre-Tax Margin Increases 900 Basis Points to 22.7 Percent

Evercore ISI Upgrades Spirit Airlines (SAVE) to Buy

April 30, 2015 6:46 AM EDT

Evercore ISI upgraded Spirit Airlines (NASDAQ: SAVE) from Hold to Buy with a price target of $85.00.

For an analyst ratings summary and ratings history on Spirit Airlines click here. For more ratings news on Spirit Airlines click here.

Shares of Spirit Airlines closed at $70.66 yesterday.

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Spirit Airlines (SAVE) Reports In-Line Q1 EPS

April 29, 2015 6:34 AM EDT

Spirit Airlines (NASDAQ: SAVE) reported Q1 EPS of $0.96, in-line with the analyst estimate of $0.96. Revenue for the quarter came in at $493.36 million versus the consensus estimate of $494.61 million.

Total revenue per available seat mile ("RASM") for the first quarter 2015 decreased 9.9 percent compared... More