Investors in Allegiant Travel Company (ALGT) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $100.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It co ...

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 51 CitiesLAS VEGAS, Nov. 19, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced 44 new nonstop routes, including eleven routes to three new cities: Gulf Shores, Alabama, Colorado Springs, Colorado and Columbia, South Carolina. To celebrate this significant expansion, the company is offering one-way fares on the new routes as low as $39.*The flights, starting in February, will expand the airline's network opti ...

Allegiant Travel Company (ALGT) recently reported disappointing traffic numbers for October 2024. Scheduled traffic (measured in revenue passenger miles) fell 15.7% from the October 2023 levels. Capacity (measured in available seat miles) for scheduled service fell 10.2% year over year. As traffic decline was more than capacity, the load factor (percentage of seats filled by passengers) in October 2024 declined to 78.5% from 83.7% a year ago.Total departures (scheduled services) fell 10.7% in October 2024 f ...

LAS VEGAS, Nov. 15, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for October 2024."As observed below and consistent with commentary from our third quarter earnings call, hurricanes Helene and Milton had an outsized impact on our business," stated Drew Wells, Chief Commercial Officer of Allegiant Travel Company. "We canceled nearly 1,000 flights between late September and early January, with approximately two-thirds of those cancelations oc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to_______ Commission File Number 001-33166 Allegiant Travel Company (Exact Name of Registrant as Specified in Its Charter) Nevada 20-4745737 (Stat ...

Allegiant Travel Company (ALGT) reported a third-quarter 2024 loss of $2.02 per share (excluding three cents from non-recurring items), which was wider than the Zacks Consensus Estimate of a loss of $1.85. The company reported earnings of 9 cents per share in the year-ago quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Operating revenues of $562.2 million marginally surpassed the Zacks Consensus Estimate of $561.2 million. However, the top line fell by 0.6% on a year-over-year ...

Allegiant Travel Company (NASDAQ:ALGT) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Sherry Wilson - Managing Director-Investor Relations Greg Anderson - President and Chief Executive Officer Drew Wells - Chief Commercial Officer Robert Neal - Chief Financial Officer Micah Richins - President-Sunseeker Resorts Conference Call Participants Savi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Scott Group - Wolfe Research Thomas Fitzgerald - TD Cowen Katherine Kallerg ...

For the quarter ended September 2024, Allegiant Travel (ALGT) reported revenue of $562.2 million, down 0.6% over the same period last year. EPS came in at -$2.02, compared to $0.09 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $561.24 million, representing a surprise of +0.17%. The company delivered an EPS surprise of -9.19%, with the consensus EPS estimate being -$1.85.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Allegiant Travel (ALGT) came out with a quarterly loss of $2.02 per share versus the Zacks Consensus Estimate of a loss of $1.85. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -9.19%. A quarter ago, it was expected that this travel services company would post earnings of $0.84 per share when it actually produced earnings of $1.77, delivering a surprise of 110.71%. Over the last four quarte ...

Exhibit 99.1 ALLEGIANT TRAVEL COMPANY THIRD QUARTER 2024 FINANCIAL RESULTS Third quarter 2024 GAAP diluted loss per share of $(2.05) Third quarter 2024 diluted loss per share, excluding special charges, of $(2.02) Third quarter 2024 airline only diluted loss per share, excluding special charges, of $(0.49) (1)(3) (1)(3) LAS VEGAS. October 30, 2024 — Allegiant Travel Company (NASDAQ: ALGT) today reported the following financial results for the third quarter 2024, as well as comparisons to the prior year: | - ...