Spirit Airlines Reports First Quarter 2018 Results

Go back to Spirit Airlines Reports First Quarter 2018 Results

Spirit Airlines (SAVE) PT Lowered to $48 at Imperial Capital

April 27, 2018 8:34 AM EDT

Imperial Capital lowered its price target on Spirit Airlines (NASDAQ: SAVE) to $48.00 (from $52.00) while maintaining a Outperform rating following the company's 1Q earnings report.

Management lowered 2Q18 EPS estimates to $0.88 from $1.09, FY18 EPS estimates to $2.75 from $3.30, and FY19 EPS estimates to $3.75 from $4.20. 2Q18 EPS estimate... More