Frontier sees Q1 loss, revenue growth lower than expected

TipRanks

Sat, Apr 12, 2025, 7:15 AM 1 min read

Frontier Group (ULCC) disclosed past nighttime that it expects gross maturation successful Q1 of 5% connected capableness maturation of 5%, some compared to the corresponding anterior twelvemonth quarter. Revenue maturation is anticipated to beryllium little than expected owed to weakened request successful March, resulting successful fare discounting and promotions crossed the industry, amplified by the close-in quality of Frontier’s bookings, the institution said. In effect to the existent environment, Frontier reduced scheduled capableness successful Q2, focusing the reductions connected off-peak days of the week. Capacity successful Q2 is presently expected to beryllium down debased azygous digits compared to the corresponding anterior twelvemonth quarter. Frontier sees its Q1 adjusted pre-tax nonaccomplishment borderline to beryllium 5%. Adjusted nett nonaccomplishment successful Q1 is expected to beryllium (20c)-(24c). The statement estimation is (4c). The institution said it is incapable to reaffirm its full-year 2025 guidance owed to the uncertain environment. “Given the uncertainty successful the existent environment, the Company is focused connected maximizing its liquidity done diligent absorption of the controllable elements of the business, including, but not constricted to, optimization of capableness and related costs, and discretionary superior spending,” Frontier added. The banal successful greeting trading is down 14% to $3.08.

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