OK, not by MUCH, but a little profit is better than none…
Spirit (SAVE) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.09 per share. This compares to loss of $0.69 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it was expected that this airline would post a loss of $0.34 per share when it actually produced a loss of $0.30, delivering a surprise of 11.76%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.