05:07 PM EDT, 07/16/2024 (MT Newswires) -- Spirit Airlines ( SAVE ) cut its Q2 revenue guidance to $1.28 billion from $1.32 billion to $1.34 billion, mainly due to lower-than-expected non-ticket revenue.

"The company attributes this underperformance to incremental pressure on ancillary pricing due to changes in the competitive marketplace," Spirit said Tuesday in a regulatory filing.

Analysts polled by Capital IQ are looking for $1.33 billion.

Spirit said it intends to report its Q2 results in early August.

The company's shares fell 5.7% in after-hours activity.

Price: 2.98, Change: -0.18, Percent Change: -5.70