Spirit Airlines (SAVE) PT Raised to $46 at Cowen
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Spirit Airlines Reports Second Quarter 2018 Results
July 25, 2018 4:10 PM EDTMIRAMAR, Fla., July 25, 2018 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (NYSE: SAVE) today reported second quarter 2018 financial results.
GAAP net income for the second quarter 2018 was $11.3 million ($0.16 per diluted share), or $75.7 million ($1.11 per diluted share)1 excluding special items. GAAP operating margin for the second quarter 2018 was 12.7 percent, or 13.3 percent excluding special items1. Spirit ended the second quarter 2018 with unrestricted cash, cash equivalents, and short-term investments of $914.1 million.Our team delivered excellent operational performance during the second quarter 2018, achieving a DOT on-time performance of 79.6 percent - the best second... More
