Republic Airways Holdings: Fourth Quarter Earnings Overview
Republic Airways Holdings Reports Fourth Quarter and Annual Financial Results
Republic Airways Holdings Inc., based in Phoenix, announced on Wednesday that it earned $5 million in profit during the fourth quarter.
The company reported earnings of 12 cents per share for the quarter. After adjusting for merger and acquisition expenses as well as pretax costs, adjusted earnings reached 54 cents per share.
During this period, the regional airline generated $464.1 million in revenue.
For the entire year, Republic Airways Holdings posted a net income of $76.2 million, translating to $1.87 per share. Total annual revenue was reported at $1.68 billion.
Looking ahead, the company anticipates its revenue for the upcoming year will reach $2 billion.
This article was produced by Automated Insights using information from Zacks Investment Research.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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