Allegiant Travel Company (NASDAQ:ALGT) Q4 2023 Earnings Conference Call February 5, 2024 3:00 PM ET Company Participants Sherry Wilson - Director of Investor Relations Maurice Gallagher - Executive Chairman & Chief Executive Officer Greg Anderson - President Scott DeAngelo - Executive Vice President & Chief Marketing Officer Drew Wells - Senior Vice President & Chief Revenue Officer Robert Neal - Senior Vice President & Chief Financial Officer Micah Richins - President & Chief Operating Officer, Sunseeker R ...

For the quarter ended December 2023, Allegiant Travel (ALGT) reported revenue of $611 million, down 0.1% over the same period last year. EPS came in at $0.11, compared to $3.17 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $601.47 million, representing a surprise of +1.59%. The company delivered an EPS surprise of +116.42%, with the consensus EPS estimate being -$0.67.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Allegiant Travel (ALGT) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of a loss of $0.67 per share. This compares to earnings of $3.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 116.42%. A quarter ago, it was expected that this travel services company would post earnings of $0.13 per share when it actually produced earnings of $0.09, delivering a surprise of -30.77%.Over the las ...

Fourth quarter 2023 GAAP diluted loss per share of $(0.13)Fourth quarter 2023 diluted earnings per share, excluding special charges of $0.11(1)(6)(7)Fourth quarter 2023 airline only diluted earnings per share, excluding special charges of $0.86(1)(8) Full-year 2023 GAAP diluted earnings per share of $6.29Full-year 2023 diluted earnings per share, excluding special charges of $7.31(1)(6)(7)Full-year 2023 airline only diluted earnings per share, excluding special charges of $8.82(1)(8) Sunseeker Resort offici ...

LAS VEGAS, Feb. 2, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has changed the time of its previously announced earnings conference call due to a scheduling conflict. The call will now be Monday, February 5 at 3:00 p.m. EST. 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™ La ...

Investors are always looking for stocks that are poised to beat at earnings season and Allegiant Travel Company (ALGT) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Allegiant is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty ...

The upcoming report from Allegiant Travel (ALGT) is expected to reveal quarterly loss of $0.67 per share, indicating a decline of 121.1% compared to the year-ago period. Analysts forecast revenues of $601.47 million, representing a decrease of 1.7% year over year.Over the last 30 days, there has been an upward revision of 13.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the cour ...

Allegiant Travel Company (ALGT) is scheduled to report fourth-quarter 2023 results on Feb 5, before market open.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 80.8%.The Zacks Consensus Estimate for current-quarter loss per share has widened to 67 cents from 58 cents 60 days ago.Let us have a quick peek at the factors that are likely to have influenced ALGT’s performance in the qu ...

Allegiant Travel Company (ALGT) recently reported a disappointing year-over-year decrease in traffic and capacity for December 2023.Scheduled traffic (measured in revenue passenger miles) fell 6.8% from December 2022 levels. Capacity (measured in available seat miles) for scheduled service declined 4.4% from the December 2022 reading. The load factor (percentage of seats filled by passengers) in December 2023 reached 82.5%.Total departures (scheduled services) dipped 5% year over year in December 2023. Howe ...

The market expects Allegiant Travel (ALGT) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rel ...