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 ...

Maurice J. Gallagher to transition to Executive ChairmanLAS VEGAS, July 18, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) announced today that Gregory C. Anderson has been named CEO and President of the Company succeeding Maurice J. Gallagher, who will be retiring from that role effective September 1. Gallagher will continue to serve the Company as Executive Chairman of the Board. Anderson will join the Board at that time."On behalf of the board of directors, I'm thrilled to announce Greg as ...

The Airline Offers New Low-Cost Travel Options to Popular Destinations in 13 CitiesLAS VEGAS, July 16, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced eight new nonstop routes to 13 cities around the country. To celebrate, the company is offering one-way fares on the new routes as low as $39.*The routes, launching in November, will provide convenient, affordable air service to premier vacation destinations. These additional routes come at a time of high demand. With many travele ...

Core Viewpoint - Allegiant Travel Company has scheduled its second quarter 2024 financial results conference call for July 31, 2024, at 4:30 p.m. EDT, which will be available via live broadcast on its Investor Relations website [1]. Group 1: Company Overview - Allegiant is an integrated travel company based in Las Vegas, with an airline at its core, focusing on connecting customers to important destinations [2]. - Since its inception in 1999, Allegiant Air has provided nonstop flights from small-to-medium cities to major vacation destinations, offering industry-low average fares [2]. - The company's base airfares are reported to be less than half the cost of the average domestic roundtrip ticket [2]. Group 2: Investor Information - The financial results conference call will be archived in the "Events & Presentations" section of the company's Investor Relations website [1]. - For further inquiries, Allegiant provides contact information for media and investor relations on its website [3].

LAS VEGAS, June 28, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for May 2024.Scheduled Service – Year Over Year ComparisonMay 2024 May 2023 Change Passengers 1,414,692 1,405,428 0.7 % Revenue passenger miles (000) 1,263,087 1,270,338 (0.6 %) Available seat miles (000) 1,489,477 1,478,396 0.7 % Load factor 84.8 % 85.9 % (1.1) pts Departures 9,615 9,489 1.3 % Average stage length (miles) 882 884 (0.2 %) Total System* - Year Over Year Compar ...