With demand for leisure travel through the roof, airline stocks are starting to show signs of recovery. Low-cost carrier Sun Country Airlines Holdings (NASDAQ: SNCY) just posted third-quarter revenue that exceeded the same period in 2019 by 29%. Let's take a closer look at Sun Country's most recent quarter and whether this upward momentum will continue.
The consensus price target hints at a 63.9% upside potential for Sun Country Airlines Holdings, Inc. (SNCY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Before we begin, I would like to remind everyone that during this call the company may make forward-looking -- certain statements that constitute forward-looking statements. Actual results may differ materially.