Republic Airways Holdings Q2 Profit Tops View - Quick Facts

(RTTNews) - Republic Airways Holdings Inc. (RJET) reported second-quarter net income of $24.6 million or $0.46 per share, compared to $20.0 million or $0.40 per share for the year-ago quarter.

Total operating revenues for the latest second quarter fell 8.7% to $664.4 million from $728.1 million a year ago.

On average, analysts polled by Thomson Reuters expected the company to earn $0.42 per share on revenue of $679.36 million for the second quarter.

Republic revenues for the first quarter fell 5.8% to $336.8 million, while Frontier revenues decreased 11.6% to $327.6 million.