Spirit: Q2 Earnings Snapshot

Associated Press Finance
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DANIA BEACH, Fla. (AP) — DANIA BEACH, Fla. (AP) — Spirit Airlines Inc. (SAVE) on Thursday reported a loss of $192.9 million in its second quarter.

On a per-share basis, the Dania Beach, Florida-based company said it had a loss of $1.76. Losses, adjusted for non-recurring costs, came to $1.44 per share.

The results did not meet Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of $1.30 per share.

The airline posted revenue of $1.28 billion in the period, also falling short of Street forecasts. Ten analysts surveyed by Zacks expected $1.31 billion.

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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 SAVE at https://www.zacks.com/ap/SAVE