Image source: The Motley Fool. Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY)Q2 2022 Earnings CallAug 09, 2022, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to the Sun Country Airlines second quarter 2022 earnings call.
Shares of Sun Country Holdings Inc. (NASDAQ: SNCY) fell sharply Tuesday after the airline posted a second-quarter loss, noting that "training challenges" hampered its ability to take advantage of high demand for travel. The Minneapolis-based airline posted a net loss of $3.9 million, or 7 cents per diluted share, compared to a profit of $52 million, or 84 cents per diluted share, for the same quarter a year ago. Shares of Sun Country were trading down 9% at $19 in midday trading.
Sun Country Airlines Holdings, Inc. (SNCY) delivered earnings and revenue surprises of -123.08% and 0.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?