LAS VEGAS, Feb. 27, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for January 2024. Scheduled Service – Year Over Year Comparison January 2024 January 2023      Change Passengers 1,176,117 1,203,241 (2.3 %) Revenue passenger miles (000)      1,119,728 1,146,506 (2.3 %) Available seat miles (000) 1,387,038 1,378,569 0.6 % Load factor 80.7 % 83.2 % (2.5) pts Departures 8,546 8,617 (0.8 %) Average s ...

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.Shares of this travel services company have returned +0.1% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Transportation - Airline industry, to which Allegiant Travel belongs, has gained 10.5% over this period. Now the key question is: Where could the stock be headed in the ...

Ultra-low-cost carrier recognized for excellence in passenger satisfaction LAS VEGAS, Feb. 22, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT) is thrilled to announce its recognition in The Wall Street Journal's annual list of top airlines. This acknowledgment highlights Allegiant's unique position in providing exceptional value and quality services within the aviation industry. Allegiant, which ranked third on the list, finished as the top ULCC. Earning a top position on The Wall Street Journal's esteemed li ...

LAS VEGAS, Feb. 20, 2024 /PRNewswire/ -- Today, Allegiant Travel Company (NASDAQ: ALGT) announced the launch of its Allegiant Incentive program in collaboration with Berry Aviation, a private aviation company offering various services, including government, scheduled and on-demand cargo, MRO/CRO and FBO operations. This collaboration offers Allegiant access to a pool of experienced pilots trained by Berry and enhances the diversity and depth of talent available while providing immediate benefit for both com ...

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 14 Cities LAS VEGAS, Feb. 12, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced 10 new nonstop routes to 14 cities around the country. To celebrate, the company is offering one-way fares on the new routes as low as $45.* The routes, launching in June, will provide the only nonstop service between these cities. "This expansion caters to passengers and communities we feel have been overlooked by other carriers ...

Allegiant Travel Company (ALGT) shares gained 4.3% since its fourth-quarter 2023 earnings release on Feb 5. Quarterly earnings per share (EPS) came in at 11 cents against the Zacks Consensus Estimate’s loss of 67 cents. Operating revenues of $611 million outperformed the Zacks Consensus Estimate of $601.5 million but decreased marginally on a year-over-year basis.Passenger revenues, which accounted for the bulk (91%) of the top line, fell 1.5% on a year-over-year basis. Air traffic (measured in revenue pass ...

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 ...