NASDAQ$SNCY
Sun Country Airlines Holdings Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Sun Country Airlines reported financial results for Q4 and full year 2022.
Sun Country Airlines reported a revenue of $227.2 million, a GAAP diluted EPS of $0.12, and an operating margin of 6.7% for Q4 2022. The company's unique and diversified business model continued to produce strong results.
- Total operating revenue increased by 31.6% to $227.2 million compared to Q4 2021.
- GAAP diluted EPS was $0.12, and adjusted diluted EPS was $0.13.
- Operating income was $15.1 million, producing an operating margin of 6.7%.
- Adjusted operating income was $15.9 million, resulting in an adjusted operating income margin of 7.0%.
Headline financials
Revenue & EPS history
Sun Country Airlines · Revenue · Quarterly
$227M
Revenue by segment
Sun Country Airlines · $227M total across 5 segments · Q4 2022
- Scheduled Service$104M—45.6%
- Ancillary$53M—23.3%
- Charter Service$43.1M+10.5%19.0%
- Cargo$24.4M+6.2%10.8%
- Other$3.05M—1.3%
Forward guidance
Sun Country Airlines provided guidance for the first quarter of 2023.
Tailwinds
- Total revenue is expected to be between $280 million and $290 million, a 24% to 28% increase compared to Q1 2022.
- Operating income margin is projected to be between 15% and 20%, a 5 to 10 percentage point increase compared to Q1 2022.
- Total system block hours are estimated to be between 35,000 and 36,000, a 3.5% to 6.5% increase compared to Q1 2022.
- Economic fuel cost per gallon is expected to be $3.58, a 12% increase compared to Q1 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2022
-0.5%
Avg return
Earnings day
-0.2%
Avg return
5 days after
-1.7%
Avg return
30 days after
65%
17 / 26 earnings
Positive
+13.3%
Q3 2022
Best reaction
-22.0%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.4% | +6.8% | — | |
| Q4 2025 | +12.6% | +7.6% | -16.3% | |
| Q3 2025 | +6.5% | +12.4% | +29.1% | |
| Q2 2025 | -11.0% | -8.9% | +14.3% | |
| Q1 2025 | +0.3% | +14.7% | +18.2% | |
| Q4 2024 | -0.9% | +8.3% | -8.0% | |
| Q3 2024 | +11.7% | +14.6% | +14.4% | |
| Q2 2024 | -15.8% | -18.0% | -16.2% | |
| Q1 2024 | -19.3% | -18.1% | -25.3% | |
| Q4 2023 | +6.3% | +1.0% | +8.8% | |
| Q3 2023 | -3.6% | -2.9% | +32.3% | |
| Q2 2023 | -22.0% | -24.8% | -29.1% | |
| Q1 2023 | +8.1% | -2.6% | +0.7% | |
| Q4 2022 | +12.5% | +13.1% | +8.3% | |
| Q3 2022 | +13.3% | +16.3% | +24.1% | |
| Q2 2022 | -10.9% | -4.9% | +0.4% | |
| Q1 2022 | -11.5% | -15.8% | -26.2% | |
| Q4 2021 | +4.2% | +8.6% | -7.9% | |
| Q3 2020 | +1.0% | +8.2% | -15.6% | |
| Q3 2021 | +1.0% | +8.2% | -15.6% | |
| Q2 2020 | +0.4% | -4.8% | -4.3% | |
| Q2 2021 | +0.4% | -4.8% | -4.3% | |
| Q1 2020 | +1.9% | -5.9% | -6.5% | |
| Q4 2020 | +1.9% | -5.9% | -6.5% | |
| Q4 2019 | +1.9% | -5.9% | -6.5% | |
| Q1 2021 | -4.5% | -2.0% | -3.5% | |
| Q1 2019 | — | — | — | |
| Q1 2018 | — | — | — |
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