For the quarter ended June 2024, Allegiant Travel (ALGT) reported revenue of $666.28 million, down 2.6% over the same period last year. EPS came in at $1.77, compared to $4.35 in the year-ago quarter.The reported revenue represents a surprise of +1.11% over the Zacks Consensus Estimate of $659 million. With the consensus EPS estimate being $0.84, the EPS surprise was +110.71%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Exhibit 99.1 ALLEGIANT TRAVEL COMPANY SECOND QUARTER 2024 FINANCIAL RESULTS Second quarter 2024 GAAP diluted earnings per share of $0.75 Second quarter 2024 diluted earnings per share, excluding special charges, of $1.77 Second quarter 2024 airline only diluted earnings per share, excluding special charges, of $2.24 (1)(3) (1)(3) ANNOUNCED STRATEGIC REVIEW OF SUNSEEKER RESORT LAS VEGAS. July 31, 2024 — Allegiant Travel Company (NASDAQ: ALGT) today reported the following financial results for the second quar ...

Company engages Prospect Hotel Advisors for their specialized expertise LAS VEGAS, July 31, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) announced today it has retained global hospitality asset management firm Prospect Hotel Advisors, LLC to conduct a strategic review of its hotel, Sunseeker Resort Charlotte Harbor. The recently opened resort, located in Southwest Florida, is a wholly owned subsidiary of Allegiant Travel Company and is Florida's premier gulf coast oasis, offering magnificent ...

WASHINGTON, July 30, 2024 /PRNewswire/ -- In advance of Allegiant Travel Company's Allegiant (NASDAQ: ALGT) 2024 second-quarter earnings announcement tomorrow, Allegiant Air pilots and their union are raising questions about the company's direction and decision-making as pilots continue to work under an outdated labor agreement negotiated in 2016. The 1,300-member pilot group is represented by Teamsters Local 2118. Allegiant Air is a low-cost U.S. air carrier focused on leisure travel. "Allegiant pilots are ...

Allegiant Travel Company (ALGT) is scheduled to report second-quarter 2024 results on Jul 31 after market close.Allegiant Travel 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 29.31%.The Zacks Consensus Estimate for ALGT’s soon-to-be-reported quarter’s earnings has been revised downward by 16.8% in the past 60 days to 84 cents per share. Meanwhile,the Zacks Consensus Estimate for reve ...

LAS VEGAS, July 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT), in partnership with the Boys & Girls Club of America, today announced Jill Prime, 17, as the recipient of the airline's Careers in Aviation scholarship.Jill will receive $34,000 from Allegiant, which she will use to pay for tuition and expenses as she pursues her bachelor's degree at Embry-Riddle Aeronautical University."We are so proud to inspire the next generation of aviators, exposing them to the rewarding career opportuni ...

LAS VEGAS, July 25, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for June 2024.Scheduled Service – Year Over Year ComparisonJune 2024 June 2023 Change Passengers 1,830,067 1,802,886 1.5 % Revenue passenger miles (000) 1,612,782 1,590,984 1.4 % Available seat miles (000) 1,862,875 1,766,164 5.5 % Load factor 86.6 % 90.1 % (3.5 pts) Departures 12,217 11,530 6.0 % Average stage length (miles) 868 868 0.0 % 2nd Quarter 2024 2nd Quarter 2023 Ch ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Allegiant Travel Company (ALGT) is a leisure travel company. The Zacks Consensus Estimate for its current year earnings has been 7.2% downward over the last 60 days.California Resources Corporation (CRC) is an independent oil and natural gas company. The Zacks Consensus Estimate for its current year earnings has been revised 4.7% downward over the last 60 days.MP Materials Corp. (MP) is a rare earth materials company. The Zacks Consen ...

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 June 2024. 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 earnings report, which is expected to be released on July 31, 2024, might help the stock move higher if these key numbers are ...

Allegiant Travel Company’s (ALGT) current chief executive officer or CEO, Maurice J. Gallagher, will retire effective Sep 1, 2024. Gallagher will be succeeded by the current president, Gregory C. Anderson.  Apart from the elevation to the top spot, Anderson will continue as the president of the airline.Anderson will join the board in September. Gallagher will continue to serve Allegiant as the board’s executive chairman. He, who served Allegiant as CEO for nearly a quarter of a century, is the company’s lar ...