Switch to:
GuruFocus has detected 2 Warning Signs with Spirit Airlines Inc $SAVE.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Spirit Airlines Inc (NAS:SAVE)
Non-Recurring Items
$-1 Mil (TTM As of Dec. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Spirit Airlines Inc's non-recurring items for the three months ended in Dec. 2016 was $-0 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2016 was $-1 Mil.

As of today, Spirit Airlines Inc's share price is $51.53. Spirit Airlines Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2016 was $3.77. Therefore, Spirit Airlines Inc's P/E (NRI) ratio for today is 13.67.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Spirit Airlines Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Dec. 2016 was -0.07 (Mar. 2016 ) + -0.157 (Jun. 2016 ) + -0.18 (Sep. 2016 ) + -0.121 (Dec. 2016 ) = $-1 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Spirit Airlines Inc's P/E (NRI) Ratio for today is calculated as

Spirit Airlines Inc's Share Price of today is $51.53.
Spirit Airlines Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Dec. 2016 was 0.86 (Mar. 2016 ) + 1.03 (Jun. 2016 ) + 1.17 (Sep. 2016 ) + 0.71 (Dec. 2016 ) = $3.77.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Spirit Airlines Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Non Operating Income 05319-0-0-0-0-3-0-1

Spirit Airlines Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Non Operating Income -0-1-0-0-00-0-0-0-0
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK