Sun Country Airlines (SNCY) to Release Earnings on Friday

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.71 per share and revenue of $329.51 million for the quarter. Sun Country Airlines has set its Q1 2025 guidance at EPS.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.06. The firm had revenue of $260.40 million during the quarter, compared to the consensus estimate of $258.04 million. Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%. The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.12 earnings per share. On average, analysts expect Sun Country Airlines to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Sun Country Airlines Stock Down 0.1 %

Shares of NASDAQ:SNCY traded down $0.01 during trading on Friday, hitting $9.42. 1,447,487 shares of the company were exchanged, compared to its average volume of 799,326. The firm's 50 day moving average price is $12.63 and its 200-day moving average price is $14.09. Sun Country Airlines has a 12-month low of $8.10 and a 12-month high of $18.59. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.63 and a quick ratio of 0.61. The stock has a market capitalization of $500.75 million, a P/E ratio of 9.92, a PEG ratio of 0.42 and a beta of 1.55.

Wall Street Analyst Weigh In

Several research firms have issued reports on SNCY. Susquehanna decreased their price objective on shares of Sun Country Airlines from $17.00 to $11.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Barclays reduced their price objective on Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Sun Country Airlines in a research report on Wednesday, January 22nd. They set an "overweight" rating and a $23.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $17.71.

Insider Buying and Selling

In related news, CEO Jude Bricker sold 2,172 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $12.02, for a total transaction of $26,107.44. Following the completion of the transaction, the chief executive officer now directly owns 127,589 shares of the company's stock, valued at $1,533,619.78. This represents a 1.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO David M. Davis sold 59,389 shares of Sun Country Airlines stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $17.05, for a total value of $1,012,582.45. Following the completion of the sale, the chief financial officer now directly owns 32,260 shares in the company, valued at $550,033. This represents a 64.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 92,897 shares of company stock valued at $1,556,499 over the last three months. 4.60% of the stock is currently owned by company insiders.

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.