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Lowest Projected Earnings Growth in the Airlines Industry Detected in Shares of Spirit Airlines (SAVE, UAL, JBLU, ALGT, AAL)

By James Quinn

Below are the three companies in the Airlines industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Spirit Airlines ranks lowest with a projected earnings growth of 3.3%. United Continent is next with a projected earnings growth of 9.8%. Jetblue Airways ranks third lowest with a projected earnings growth of 12.3%.

Allegiant Travel follows with a projected earnings growth of 16.4%, and American Airline rounds out the bottom five with a projected earnings growth of 18.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of American Airline on March 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $52.04. Since that call, shares of American Airline have fallen 11.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth spirit airlines united continent JetBlue Airways allegiant travel american airline

Ticker(s): SAVE UAL JBLU ALGT AAL