DENVER (AP) — DENVER (AP) — Frontier Group Holdings Inc. (ULCC) on Thursday reported a loss of $32 million in its third quarter.
On a per-share basis, the Denver-based company said it had a loss of 14 cents.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.
The discount airline posted revenue of $883 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $890.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULCC at https://www.zacks.com/ap/ULCC
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