Sun Country Airlines Holdings, Inc. (SNCY) stock is poised for a strong start in Friday's trading session, with shares surging 5.70% in pre-market trading. The rally comes on the heels of the company's impressive first-quarter earnings report, which exceeded analyst expectations.

According to the earnings summary released late Thursday, Sun Country Airlines reported adjusted earnings of $0.72 per share for the quarter ended March 31, 2025, surpassing the mean analyst estimate of $0.71. This performance also marks an improvement from the same quarter last year when the company reported EPS of $0.66. Revenue for the quarter rose 4.9% year-over-year to $326.65 million, although it fell slightly short of the $329.84 million expected by analysts.

The strong quarterly results have boosted investor confidence in Sun Country Airlines, which had seen its shares decline by 20.5% over the past quarter and 32.8% year-to-date prior to this earnings release. Wall Street remains optimistic about the company's prospects, with the current average analyst rating on the shares being "buy." The consensus price target stands at $14.50, suggesting potential upside from current levels. As Sun Country continues to outperform expectations in a challenging market environment, investors will be watching closely to see if this positive momentum can be sustained in the coming quarters.