Sun Country Airlines (NASDAQ:SNCY – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06, Briefing.com reports. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. During the same period last year, the company earned $0.14 earnings per share. Sun Country Airlines’s quarterly revenue was up .2% compared to the same quarter last year. Sun Country Airlines updated its Q4 2024 guidance to EPS.
Sun Country Airlines Stock Up 7.5 %
SNCY stock opened at $15.10 on Friday. The business’s 50-day simple moving average is $11.35 and its 200 day simple moving average is $11.54. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 0.96. The company has a market cap of $799.39 million, a PE ratio of 18.64, a price-to-earnings-growth ratio of 0.73 and a beta of 1.48. Sun Country Airlines has a twelve month low of $9.22 and a twelve month high of $17.56.
Insiders Place Their Bets
In other news, VP John Gyurci sold 3,000 shares of the stock in a transaction on Friday, September 6th. The shares were sold at an average price of $11.30, for a total value of $33,900.00. Following the completion of the transaction, the vice president now owns 14,407 shares in the company, valued at approximately $162,799.10. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last quarter, insiders sold 7,788 shares of company stock worth $85,852. 4.60% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on SNCY
About Sun Country Airlines
Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.
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