Frontier Group: Q4 Earnings Snapshot

DENVER (AP) — DENVER (AP) — Frontier Group Holdings Inc. (ULCC) on Tuesday reported a loss of $37 million in its fourth quarter.
On a per-share basis, the Denver-based company said it had a loss of 17 cents. Earnings, adjusted for pretax expenses and non-recurring costs, came to less than 1 cent on a per-share basis.
The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.
The discount airline posted revenue of $891 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $891.6 million.
For the year, the company reported a loss of $11 million, or 5 cents per share. Revenue was reported as $3.59 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULCC at https://www.zacks.com/ap/ULCC