Third quarter 2024 GAAP diluted loss per share of $(2.05)Third quarter 2024 diluted loss per share, excluding special charges, of $(2.02)(1)(3)Third quarter 2024 airline only diluted loss per share, excluding special charges, of $(0.49)(1)(3)LAS VEGAS, Oct. 30, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported the following financial results for the third quarter 2024, as well as comparisons to the prior year: Consolidated Three Months Ended September 30, Percent Change (un ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

LAS VEGAS, Oct. 22, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for September 2024 as well as the third quarter of 2024.Scheduled Service – Year Over Year ComparisonSeptember 2024 September 2023 Change Passengers 969,844 988,981 (1.9 %) Revenue passenger miles (000) 844,968 868,742 (2.7 %) Available seat miles (000) 1,014,201 1,049,538 (3.4 %) Load factor 83.3 % 82.8 %  0.5pts Departures 6,796 6,949 (2.2 %) Average stage length (miles) 8 ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuati ...

Zacks Transportation - Airline industry's prospects look bright on the back of a rosy air travel demand scenario. Declining fuel costs also bode well for airlines. This is because expenses on fuel represent a key input cost for airlines.As a result, we believe that investors interested in the industry would do well to bet on stocks like Ryanair Holdings (RYAAY) , Southwest Airlines (LUV) and Allegiant Travel (ALGT) for higher returns.About the Industry The Zacks Airline industry players are engaged in trans ...

The U.S. annual inflation rate slowed for the sixth consecutive month to 2.4% in September 2024, marking its lowest level since February 2021. Additionally, stagnant wholesale prices, as indicated by the latest Producer Price Index, signal continued progress on inflation. Despite political and geopolitical uncertainty, the S&P 500 has surged 22% this year and is poised for another year of double-digit gains. However, a tight U.S. presidential race and heightened Middle East tensions have investors cautious ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Allegiant Travel (ALGT) . This company, which is in the Zacks Transportation - Airline industry, shows potential for another earnings beat.When looking at the last two reports, this travel services company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 61.24%, on average, in ...

LAS VEGAS, Oct. 9, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its third quarter 2024 financial results conference call for Wednesday, October 30 at 4:30 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 ...

LAS VEGAS, Oct. 8, 2024 /PRNewswire/ -- Allegiant (NASDAQ: ALGT), today announced the publication of its third-annual Sustainability Report.Last year, Allegiant announced goals to accelerate sustainability initiatives throughout the business to better serve its employees, customers, shareholders and communities. Allegiant's 2023 Sustainability Report documents the progress made towards these impact areas. It embodies the growing culture of responsibility at Allegiant, where stakeholder dedication, and an in ...

Shares of Allegiant Travel Company (ALGT) have had a good time on the bourses of late, improving in double-digits over the past 30 days. The encouraging price performance resulted in ALGT outperforming its industry in the said time frame. Moreover, ALGT’s price performance compares favorably with that of fellow U.S. airline operators Southwest Airlines Co. (LUV) and Delta Air Lines (DAL) in the same time frame.           One-Month Price Comparison Image Source: Zacks Investment ResearchCurrently trading at ...