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

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

Spirit Airlines Reports First Quarter 2018 Results

April 26, 2018 6:30 AM EDT

MIRAMAR, Fla., April 26, 2018 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (NYSE: SAVE) today reported first quarter 2018 financial results.

For the first quarter 2018, Spirit reported a GAAP net loss of $44.9 million (loss of $0.66 per diluted share).  Excluding special items, first quarter 2018 net income was $29.9 million ($0.44 per diluted share)1. GAAP operating margin for the first quarter 2018 was negative 5.5 percent.  Excluding special items, operating margin for the first quarter 2018 was 7.3 percent1. Spirit ended the first quarter 2018 with unrestricted cash, cash equivalents, and short-term investments of $999.7 million.

We ran... More

Spirit Airlines Reports First Quarter 2018 Results

April 26, 2018 6:30 AM EDT

MIRAMAR, Fla., April 26, 2018 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (NYSE: SAVE) today reported first quarter 2018 financial results.

For the first quarter 2018, Spirit reported a GAAP net loss of $44.9 million (loss of $0.66 per diluted share).  Excluding special items, first quarter 2018 net income was $29.9 million ($0.44 per diluted share)1.
 GAAP operating margin for the first quarter 2018 was negative 5.5 percent.  Excluding special items, operating margin for the first quarter 2018 was 7.3 percent1.
 Spirit ended the first quarter 2018 with unrestricted cash, cash equivalents, and... More