Earnings Summary

Spirit Airlines, Inc.’s revenue fell -5% since last year same period to $1321.76Mn in the Q4 2023. On a quarterly growth basis, Spirit Airlines, Inc. has generated 5.02% jump in its revenue since last 3-months.

Spirit Airlines, Inc.’s net profit jumped 32.15% since last year same period to $-183.65Mn in the Q4 2023. On a quarterly growth basis, Spirit Airlines, Inc. has generated -16.57% fall in its net profits since last 3-months.

Spirit Airlines, Inc.’s net profit margin jumped 28.58% since last year same period to -13.89% in the Q4 2023. On a quarterly growth basis, Spirit Airlines, Inc. has generated -10.99% fall in its net profit margins since last 3-months.

Spirit Airlines, Inc.’s earning per share (EPS) estimates for the current quarter stand at -1.44 - a 1.37% jump from last quarter’s estimates.

Spirit Airlines, Inc.’s earning per share (EPS) estimates for the current year stand at -1.44.

Spirit Airlines, Inc.’s earning per share (EPS) fell -1233.33% since last year same period to -1.36 in the Q4 2023. This indicates that the Spirit Airlines, Inc. has generated -1233.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Spirit Airlines, Inc.’s return on assets (ROA) stands at -0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Spirit Airlines, Inc.’s return on equity (ROE) stands at -0.33.

Spirit Airlines, Inc. declared 0.1 dividend per share during the earnings announcement for Q4 2023.