Spirit Airlines Q4 Loss Narrows; Tops Estimates

From Nasdaq:

Spirit Airlines, Inc. reported a net loss of $183.65 million in the fourth quarter, narrower than the previous year. The adjusted loss per share was $1.36, compared to adjusted earnings of $0.12 per share in the prior-year quarter. The company’s total operating revenues for the quarter decreased to $1.32 billion, falling short of analysts’ estimates of $1.32 billion. Ten analysts expected the company to report a loss of $1.46 per share for the quarter.

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