Republic Airways Holdings (RJET)
NASDAQ:RJET
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Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-1.42Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented several clear operational and financial positives — double-digit revenue and EBITDAR growth, a completed fleet transition with United, strong block-hour growth from the Mesa acquisition, tangible integration progress (especially back-office and IT), and reaffirmed full-year guidance. These strengths are tempered by transitory but material winter-weather disruption, ongoing merger/integration costs and a multi-year harmonization timeline, the deferral of Embraer deliveries to 2028, and continued leverage that management must actively reduce. On balance, the highlights — including strong organic and acquisition-driven growth and measured integration execution — outweigh the lowlights, which are largely execution/timing and macro uncertainties rather than structural operational failures.Company Guidance
Revenue Growth
Total revenue of $527.4 million in Q1 2026, up 34% year-over-year (first full quarter including Mesa operations).
Profitability Improvements
Adjusted pretax income of $47.1 million, up 15% year-over-year, representing an 8.9% adjusted pretax margin; adjusted net income per diluted share of $0.73.
EBITDAR Expansion
Adjusted EBITDAR of $100.1 million for the quarter, up 14% versus Q1 2025.
Block Hour Production Increase
Block hour production increased 30% year-over-year, driven by inclusion of Mesa operations.
Fleet Transition Completed at United
Completed fleet transition with United: took delivery of the last three E175s and swapped 38 new E175s for 38 E170s; 31 of the E170s redeployed to partners (revenue service or long-term leases).
Operational Resilience and Controllable Completion
Despite severe winter weather, controllable completion factor remained exceptional with 80 days of 100% controllable completion performance; full-up completion factor was 94% (see lowlights for weather impact).
Integration Progress — Back Office and IT
Integration workstreams ahead of plan on consolidation of back-office functions and IT systems; back-office integration expected substantially complete by Q4 2026 and IT improvements already providing tangible benefits.
Regulatory and Training Approvals
FAA approved Republic's Carmel training campus as an approved Mesa training facility — a key step toward unified training and future efficiencies.
Cash Flow and Balance Sheet Activity
Generated $58 million in cash from operations in Q1; received $64 million of new debt proceeds and made $49 million of scheduled principal repayments; 70% of fleet free of financing provides flexibility.
Reaffirmed Full-Year Guidance
Reaffirmed 2026 guidance: revenues in excess of $2 billion, adjusted EBITDAR in excess of $380 million, and block hour production of at least 865,000 hours; CapEx guidance of $170 million.
Leverage Reduction Target
Adjusted net leverage flat at 2.7x vs. year-end 2025; management target to reduce net leverage below 2.2x by year-end 2026 and below 1.5x longer term.
Talent Pipeline
LIFT Academy positioned to supply approximately 20%–25% of hiring needs in a normal year, supporting long-term staffing.
RJET Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RJET Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $17.12 | ― | ― |
Mar 04, 2026 | $21.55 | $20.56 | -4.59% |
Aug 13, 2025 | $16.35 | $16.50 | +0.92% |
May 20, 2025 | $15.45 | $15.45 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Republic Airways Holdings (RJET) report earnings?
Republic Airways Holdings (RJET) is schdueled to report earning on May 11, 2026, After Close (Confirmed).
What is Republic Airways Holdings (RJET) earnings time?
Republic Airways Holdings (RJET) earnings time is at May 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is RJET EPS forecast?
Currently, no data Available