Republic Airways Posts Q2 Profit

Republic Airways April Traffic Down 7% - Quick Facts

Republic Airways Holdings Q1 13 Earnings Conference Call At 10:00 AM ET

Republic Airways Holdings Q1 Results Miss Estimate

Correction From Source: Republic Airways March Traffic Down 7% - Quick Facts

Trade RJET now with

7/31/2012 8:02 PM ET

Republic Airways Holdings Inc. (RJET: Quote) Tuesday reported a second-quarter profit of $20 million or $0.40 per share, compared to a loss of $14.9 million or $0.40 per share in the same period last year.

On average, six analysts polled by Thomson Reuters expected the company to earn $0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Consolidated operating revenues declined 1.2 percent to $728.1 million from $739.7 million last year. Analysts expected revenues of $724.78 million.

Operating expenses totaled $662.9 million, down 8.9 percent from $727.5 million last year.

Click here to receive FREE breaking news email alerts for Republic Airways Holdings Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 67 Articles

Editors Pick

Germany Skirts Recession In Q1 As Consumer Spending Recovers

A rebound in consumer spending helped the German economy thwart recession in the first quarter of 2013, detailed data from the Federal Statistical Office revealed Friday. However, the continued fall in firms' fixed asset investment and extreme weather conditions stifled the recovery. Market research group GfK predicts further increase in consumer confidence in June.

Gap Profit Climbs 43%

Gap Inc. Thursday after the markets closed that its first quarter profit rose 43% from last year, helped by higher sales and improved margins. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company eaffirmed its fiscal year 2013 earnings outlook, which is below analysts' current consensus estimate.

Stocks Close Modestly Lower But Well Off Worst Levels - U.S. Commentary

After moving sharply lower at the start of trading on Thursday, stocks showed a substantial recovery attempt over the course of the trading day. The rebound came as upbeat housing data helped offset worries about the Federal Reserve. The major averages climbed well off their worst levels of the day but still ended the session in the red.