Frontier Group (NASDAQ:ULCC) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Key Points

• Frontier reported a quarterly loss of ($0.30) per share but beat estimates by $0.08, with revenue of $1.07 billion slightly above expectations and shares rising about 2.3% on the news.
• Despite the beat, the airline remains unprofitable (ROE -27.39%, net margin -3.68%) and management issued FY‑2026 guidance implying negative EPS of -$0.40 to -$0.50, keeping the business on a loss-making trajectory.
• Analysts are cautious—Frontier carries a consensus rating of "Reduce" with an average price target near $5.13—while the stock trades around $4.09 with a market cap of roughly $940 million.

Frontier Group (NASDAQ:ULCC - Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.30) EPS for the quarter, beating analysts' consensus estimates of ($0.38) by $0.08, FiscalAI reports. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.04 billion.

Frontier Group Stock Up 2.3%

Shares of NASDAQ ULCC opened at $4.09 on Tuesday. The firm has a market cap of $939.60 million, a price-to-earnings ratio of -6.70 and a beta of 2.41. The company has a quick ratio of 0.41, a current ratio of 0.46 and a debt-to-equity ratio of 0.73. Frontier Group has a 52-week low of $3.02 and a 52-week high of $6.66. The business's 50 day moving average is $3.84 and its two-hundred day moving average is $4.43.

Insider Transactions at Frontier Group

In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of the business's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total value of $30,000.00. Following the sale, the senior vice president owned 94,926 shares of the company's stock, valued at $569,556. The trade was a 5.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 48.00% of the stock is currently owned by insiders.

Institutional Trading of Frontier Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caption Management LLC purchased a new stake in Frontier Group in the third quarter valued at approximately $221,000. Boston Partners raised its position in Frontier Group by 67.3% in the fourth quarter. Boston Partners now owns 43,311 shares of the company's stock valued at $204,000 after purchasing an additional 17,426 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Frontier Group by 84.7% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,348 shares of the company's stock valued at $168,000 after purchasing an additional 21,258 shares during the period. The Manufacturers Life Insurance Company raised its position in Frontier Group by 52.0% in the second quarter. The Manufacturers Life Insurance Company now owns 44,918 shares of the company's stock valued at $163,000 after purchasing an additional 15,374 shares during the period. Finally, Private Advisor Group LLC raised its position in Frontier Group by 64.4% in the third quarter. Private Advisor Group LLC now owns 25,177 shares of the company's stock valued at $111,000 after purchasing an additional 9,859 shares during the period.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ULCC shares. Wall Street Zen upgraded Frontier Group from a "strong sell" rating to a "sell" rating in a report on Saturday. UBS Group decreased their price objective on Frontier Group from $6.00 to $4.00 and set a "neutral" rating on the stock in a report on Monday, March 16th. Susquehanna upped their price objective on Frontier Group from $4.00 to $5.00 and gave the company a "neutral" rating in a report on Friday, January 9th. Citigroup upped their price objective on Frontier Group from $3.50 to $4.90 and gave the company a "neutral" rating in a report on Monday. Finally, Barclays reiterated an "underweight" rating and issued a $4.00 price objective (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Five investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Frontier Group has a consensus rating of "Reduce" and an average price target of $5.13.

Key Frontier Group News

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Industry disruption from Spirit’s shutdown creates short‑term route/gate opportunities for Frontier and likely supports higher fares and market share for remaining carriers. JetBlue, Frontier shares rise as Spirit shutdown makes room for growth
• Positive Sentiment: Frontier reported Q1 2026 EPS of $0.23, beating consensus (~$0.10) and posted $997M in revenue (slightly above estimates), showing demand resilience. These beat elements are helping sentiment despite structural issues. Frontier Airlines Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Citigroup raised its price target on ULCC from $3.50 to $4.90 while keeping a "neutral" rating — a modest analyst support that implies upside but not a clear buy signal. Citigroup raises ULCC price target to $4.90
• Negative Sentiment: Management issued FY‑2026 guidance that implies negative EPS (‑$0.40 to ‑$0.50) and Q1 guidance of ‑$0.44 to ‑$0.26, keeping the company on a loss-making trajectory and limiting upside from the quarterly beat. Frontier Airlines Reports First Quarter 2026 Financial Results
• Negative Sentiment: Jet fuel prices have jumped (geopolitical-driven), which pressures margins for low‑cost carriers; rising fuel costs could erode the benefit of new market share and raise unit costs. Jet Fuel Prices Are Soaring. Airlines and Travelers Will Feel It.

Frontier Group Company Profile

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.

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