Allegiant Travel Company Stock Fails To Impress: Is There Upside?

Angel Di Bilio/iStock Editorial via Getty Images In December 2023, Allegiant Travel Company (NASDAQ:ALGT) opened its much awaited Sunsecker Resort, diversifying Allegiant's business, which prior to the opening was primarily focused on passenger transport and, to a lesser extent, resort related revenues. The Company provided its first quarter results on the May 7, 2024, providing some insights in the performance and expectations for the Sunseeker Resort. Resolts beat analyst estimates by $11.18 million on th ...