Investing.com - Frontier Group Holdings reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Frontier Group Holdings announced earnings per share of $0.13 on revenue of $906.00. Analysts polled by Investing.com anticipated EPS of $0.10 on revenue of $910.6M.
Frontier Group Holdings shares are down 40% from the beginning of the year , still down 41.77% from its 52 week high of $17.50 set on Monday, November 8, 2021.
Frontier Group Holdings shares gained 1.86% in after-hours trade the report.
Frontier Group Holdings follows other major Industrials sector earnings this month
Frontier Group Holdings's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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