The chart below shows how SNCY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SNCY sees a +0.70% change in stock price 10 days leading up to the earnings, and a +3.23% change 10 days following the report. On the earnings day itself, the stock moves by -2.05%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Record Quarterly Revenue Growth: Q4 total revenue reached $260.4 million, a 6.1% increase year-over-year, marking the highest quarterly revenue on record for Sun Country Airlines.
Record Adjusted Operating Margin: Adjusted operating margin for Q4 was 10.6%, the highest on record, contributing to a full year adjusted operating margin of 10.4%.
Cargo Revenue Surge: Cargo revenue grew by 13.1% in Q4 to $28.6 million, achieving an all-time quarterly high despite a decrease in cargo block hours.
Scheduled Service Fare Increase: Average scheduled service fare increased by 2.2% year-over-year to $159.88, reflecting strong demand and pricing power in the scheduled service segment.
Block Hours Growth Projection: The company expects to grow block hours by approximately 30% through 2027, driven by the redelivery of leased aircraft and improved utilization.
Negative
Flat TRASM Performance: Scheduled service TRASM was flat year on year for Q4, indicating a lack of growth in unit revenues despite a competitive environment.
Operating Expense Analysis: Total operating expense grew by 2.6% in Q4, outpacing the 2.7% growth in total block hours, suggesting rising costs without proportional revenue growth.
Rising CASM Pressure: Adjusted CASM is expected to increase mid to high single digits in 2025, indicating potential pressure on profitability due to rising costs.
Flat Revenue Expectations: Scheduled service unit revenues are expected to be roughly flat in Q1 2025 compared to Q1 2024, reflecting stagnation in revenue growth despite previous gains.
Scheduled Service ASM Decline: The anticipated decline in scheduled service ASMs by 3% to 5% in 2025 may negatively impact overall capacity and revenue generation.
Earnings call transcript: Sun Country Airlines Q4 2024 sees record revenue
SNCY.O
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