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Allegiant Earns No. 3 Spot in J.D. Power's 2024 List of Top North American Airlines
Prnewswire· 2024-05-09 05:00
The airline was also named the No. 1 ULCC LAS VEGAS, May 9, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named one of the top three airlines, and number one ULCC, by customers, according to the J.D. Power 2024 North America Airline Satisfaction Study. The consumer research firm's annual survey asked passengers to rate carriers based on seven core factors: airline staff, digital tools, ease of travel, level of trust, on-board experience, pre/post-flight experience, and value for pric ...
Allegiant Travel(ALGT) - 2024 Q1 - Earnings Call Transcript
2024-05-07 22:13
Allegiant Travel Company (NASDAQ:ALGT) Q1 2024 Earnings Conference Call May 7, 2024 12:30 PM ET Company Participants Sherry Wilson - Managing Director of Investor Relations Maury Gallagher - Executive Chairman and CEO Greg Anderson - President Micah Richins - President of Sunseeker Resorts Scott DeAngelo - EVP and Chief Marketing Officer Drew Wells - SVP and Chief Revenue Officer Robert Neal - SVP and Chief Financial Officer Conference Call Participants Helane Becker - TD Cowen Ravi Shanker - Morgan Stanley ...
Allegiant Travel(ALGT) - 2024 Q1 - Quarterly Results
2024-05-07 16:00
Exhibit 99.1 ALLEGIANT TRAVEL COMPANY FIRST QUARTER 2024 FINANCIAL RESULTS First quarter 2024 GAAP diluted loss per share of $(0.07) First quarter 2024 diluted earnings per share, excluding special charges of $0.57(1)(4)(5) First quarter 2024 airline only diluted earnings per share, excluding special charges of $1.08(1)(4)(6) LAS VEGAS. May 7, 2024 — Allegiant Travel Company (NASDAQ: ALGT) today reported the following financial results for the first quarter 2024, as well as comparisons to the prior year: Co ...
Compared to Estimates, Allegiant Travel (ALGT) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-07 15:31
Allegiant Travel (ALGT) reported $656.41 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 1%. EPS of $0.57 for the same period compares to $3.04 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $648.38 million, representing a surprise of +1.24%. The company delivered an EPS surprise of +11.76%, with the consensus EPS estimate being $0.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...
What's in Store for Allegiant Travel (ALGT) in Q1 Earnings?
Zacks Investment Research· 2024-05-02 15:56
Allegiant Travel Company (ALGT) is scheduled to report first-quarter 2024 results on May 7 after market close.ALGT has a promising earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the four preceding quarters and missing in one, the average beat being 34.56%. The Zacks Consensus Estimate for the current-quarter loss has widened to 84 cents per share from 43 cents in the past 60 days.Let us take a look at the factors that are likely to have influenced ALGT’s performance in ...
ALLEGIANT TRAVEL COMPANY SCHEDULES FIRST QUARTER 2024 EARNINGS CALL
PRNewsWire· 2024-04-30 20:39
LAS VEGAS, April 30, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its first quarter 2024 financial results conference call for Tuesday, May 7 at 12:30 p.m. EDT. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site.    Allegiant – Together We Fly™Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrate ...
ALLEGIANT REPORTS MARCH 2024 TRAFFIC
Prnewswire· 2024-04-29 13:00
LAS VEGAS, April 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2024. Scheduled Service – Year Over Year Comparison March 2024 March 2023 Change Passengers 1,649,826 1,676,400 (1.6 %) Revenue passenger miles (000) 1,569,978 1,589,454 (1.2 %) Available seat miles (000) 1,828,212 1,802,132 1.4 % Load factor 85.9 % 88.2 % (2.3 pts) Departures 11,075 11,119 (0.4 %) Average stage length ( ...
Allegiant Flight Attendants Vote to Approve New Labor Contract
Prnewswire· 2024-04-17 01:01
Agreement between Allegiant and TWU Local 577 members overwhelmingly ratified by flight attendants LAS VEGAS, April 16, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) today announced that the company and the Transport Workers Union of America, AFL-CIO Local 577, representing Allegiant's flight attendants, have ratified a new five-year agreement with immediate wage increases ranging from 20 to 41.2 percent. The tentative agreement was ratified by Allegiant flight attendants with a 89 percent approval vote and ...
Here's Why You Should Retain Allegiant Travel (ALGT) Stock
Zacks Investment Research· 2024-04-03 14:36
Allegiant Travel’s (ALGT) efforts to modernize its fleet are encouraging. The fleet size at the end of 2024 is expected to expand to 130 from 126 at 2023-end. Rising fuel costs threaten Allegiant’s bottom line. Additionally, increasing labor expenses and high capital expenditures are further impacting ALGT’s profitability.Factors Favoring ALGTALGT's revenues soared 9% year over year in 2023, mainly driven by a robust 8.7% increase in passenger revenues, which account for 93% of total revenues. Strong traffi ...
Here is What to Know Beyond Why Allegiant Travel Company (ALGT) is a Trending Stock
Zacks Investment Research· 2024-04-03 14:06
Allegiant Travel (ALGT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this travel services company have returned -6.8%, compared to the Zacks S&P 500 composite's +1.5% change. During this period, the Zacks Transportation - Airline industry, which Allegiant Travel falls in, has gained 1.2%. The key question now is: What could be the stock's future ...