Allegiant Issues Bullish Q4 View on Upbeat Air-Travel Demand [Yahoo! Finance]
Allegiant Travel Company (ALGT)
Last allegiant travel company earnings: 1/29 04:01 pm
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US:NASDAQ Investor Relations:
ir.allegiantair.com
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Source: Yahoo! Finance
ALGT now anticipates its fourth-quarter capacity (measured in available seat miles) for scheduled service to increase 1.8% on a year-over-year basis. This marks an improvement from the prior expectation of 1.5%. Total system ASM is now projected to gain 1.9% on a year-over-year basis (prior view: up 1.5%). Operating margin is now expected to increase in the 13-14% range, which marks an improvement over the prior forecast of 6-8% band. Earnings per share (EPS) (airline) is anticipated to be in the $2.50-$3.00 range (prior view: $0.50-$1.50). Fourth-quarter consolidated EPS, excluding special items, is expected to be in the range of $1.75-$2.25. This marks an improvement from the prior expectation of breakeven to $1.00 per share. The Zacks Consensus Estimate is currently pegged at 64 cents. Drew Wells, chief commercial officer of Allegiant Travel Company, stated, "Booking trends following the election continue to outpace our initial expectations. Demand recovery to hurricane-imp
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ALGT
News
- Allegiant Travel (NASDAQ: ALGT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Allegiant Travel (NASDAQ: ALGT) had its price target raised by analysts at TD Cowen from $50.00 to $70.00. They now have a "hold" rating on the stock.MarketBeat
- Allegiant Reports November 2024 Traffic [Yahoo! Finance Canada]Yahoo! Finance Canada
- Allegiant Reports November 2024 Traffic [Yahoo! Finance]Yahoo! Finance
- Allegiant Reports November 2024 TrafficPR Newswire
ALGT
Earnings
- 10/30/24 - Miss
ALGT
Sec Filings
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- 11/27/24 - Form 144
- ALGT's page on the SEC website