Spirit Airlines (SAVE) Tops Q3 EPS by 4c

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Go back to Spirit Airlines (SAVE) Tops Q3 EPS by 4c

Spirit Airlines Announces Record Third Quarter 2014 Results: Third Quarter 2014 Adjusted Net Income Increases 27.6 Percent to $73.9 Million

October 28, 2014 6:30 AM EDT

MIRAMAR, Fla., Oct. 28, 2014 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq: SAVE) today reported third quarter 2014 financial results.

Adjusted net income for the third quarter 2014 increased 27.6 percent to $73.9 million ($1.01 per diluted share) compared to $57.9 million ($0.79 per diluted share) for the third quarter 20131. GAAP net income for the third quarter 2014 was $67.0 million ($0.91 per diluted share) compared to $61.1 million ($0.84 per diluted share) in the third quarter 2013.   For the third quarter 2014, Spirit delivered a record adjusted pre-tax margin of 21.3 percent compared to 20.3 percent over the same period in 20131. On a GAAP basis, pre-tax margin for the... More