Allegiant Travel (ALGT) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - Allegiant Travel (ALGT) is expected to report a year-over-year increase in earnings due to higher revenues for the quarter ended December 2024, with a consensus EPS estimate of $1.88, reflecting a significant change of +1609.1$624.8 million, marking a 2.3% increase from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 8.81% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Allegiant Travel is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +10.23%, suggesting a strong likelihood of beating the consensus EPS estimate [10][11] Earnings Surprise History - In the last reported quarter, Allegiant Travel was expected to post a loss of $1.85 per share but actually reported a loss of$2.02, resulting in a surprise of -9.19% [12] - Over the past four quarters, the company has surpassed consensus EPS estimates three times [13] Industry Context - In comparison, Southwest Airlines (LUV) is expected to report earnings of $0.45 per share for the same quarter, reflecting a year-over-year change of +21.6$6.95 billion, up 1.8% from the previous year [17] - Southwest Airlines has also seen a significant revision in its EPS estimate, down 453.9% over the last 30 days, but still holds a positive Earnings ESP of 6.78% and a Zacks Rank of 2, indicating a likely earnings beat [18]