Earnings trends have been quite volatile at Spirit Airlines recently, but the airline's long-term trajectory is positive.
News & Analysis: Spirit Airlines
SAVE earnings call for the period ending December 31, 2019.
The budget carrier's profit margin is still falling, but the margin pressure is starting to fade.
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After flirting with several other aircraft types, the budget carrier decided to maintain a single-fleet-type strategy for the foreseeable future.
SAVE earnings call for the period ending September 30, 2019.
Despite operational miscues and softening demand causing its profits to fall last quarter, Spirit Airlines had expected worse results.
Spirit Airlines stock has been beaten down over the past few months, due to the company's weak forecast for the third quarter. However, the stock started to recover on Friday after Spirit boosted its quarterly guidance.
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