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Frontier Q1 Adjusted Loss Widens, Operating Revenue Rises; Issues Q2 Adjusted Loss Guidance

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Frontier Group (ULCC) reported Tuesday Q1 adjusted loss of $0.30 per diluted share, widening from a loss of $0.19 year earlier.

Analysts polled by FactSet expected loss of $0.36.

Total operating revenue for the quarter ended March 31 was $992 million, compared with $912 million a year earlier.

The company said it expects Q2 adjusted loss of $0.45 to $0.60 per diluted share. Analysts polled by FactSet expect a loss of $0.53.

Shares of Frontier Group were up more than 2% in early trading Tuesday.

Price: $4.19, Change: $+0.10, Percent Change: +2.44%

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