Shares of Frontier Group Holdings, Inc. (ULCC) are experiencing a significant uptick in pre-market trading on Thursday, soaring 5.03% as investors eagerly anticipate the company's first-quarter earnings report scheduled for release after market close today.

The low-cost airline operator is expected to report its financial results for the quarter ended March 31, 2025. According to the earnings calendar, analysts are forecasting a loss of $0.15 per share for Frontier Group Holdings. The market's positive reaction suggests that investors may be optimistic about the company's performance, potentially expecting results to surpass these estimates.

The airline industry has been showing signs of recovery from the pandemic-induced slump, with increased travel demand and improving operational efficiencies. Frontier's ultra-low-cost model may have positioned it well to capitalize on the resurgence in leisure travel. Investors will be keen to hear management's commentary on passenger numbers, load factors, and revenue trends, as well as any guidance for the upcoming summer travel season.