Spirit Airlines set to report earnings ahead of Tuesday's opening
Yahoo Finance Live anchor Rachelle Akuffo previews what to expect from Spirit Airlines' second-quarter earnings results released Tuesday morning.
Video Transcript
RACHELLE AKUFFO: Looking ahead to my stocks to watch for tomorrow, which is Spirit Airlines. The company reporting earnings ahead of the open in the wake of its high drama deal to be acquired by JetBlue. Now, the expectation is for the airline to post a loss of $0.46 per share on revenue of $1.35 billion, sharply higher from the same time a year ago. Well, investors and analysts also tried to get a sense of travel demand, especially after the Labor Day holiday and as the industry faces pilot and worker shortages. The stock was up today, down, though, slightly in after hours trading.