Allegiant Travel Company

ALGT

US01748X1028

Airlines

Market Closed - Nasdaq Other stock markets 16:00:00 2024-05-17 EDT			5-day change	1st Jan Change
52.98 ^USD	-3.25%		-0.86%	-35.87%

05-15	TD Cowen Adjusts Allegiant Travel's Price Target to $60 From $65, Maintains Hold Rating	MT
05-10	Allegiant Travel Insider Sold Shares Worth $1,056,761, According to a Recent SEC Filing	MT

Allegiant Travel Company Reports Earnings Results for the First Quarter Ended March 31, 2024

May 07, 2024 at 09:00 am

Allegiant Travel Company reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 18.86 million compared to USD 14.12 million a year ago. Revenue was USD 656.41 million compared to USD 649.69 million a year ago.

Net loss was USD 0.919 million compared to net income of USD 56.15 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 3.09 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 3.09 a year ago.

Latest news about Allegiant Travel Company

TD Cowen Adjusts Allegiant Travel's Price Target to $60 From $65, Maintains Hold Rating	05-15	MT
Allegiant Travel Insider Sold Shares Worth $1,056,761, According to a Recent SEC Filing	05-10	MT
Barclays Cuts Price Target on Allegiant Travel to $55 From $60, Keeps Equalweight Rating	05-09	MT
Deutsche Bank Adjusts Allegiant Travel Price Target to $75 From $80, Maintains Buy Rating	05-08	MT
Transcript : Allegiant Travel Company, Q1 2024 Earnings Call, May 07, 2024	05-07
Allegiant Travel Shares Fall After Q1 Results, Guidance	05-07	MT
Earnings Flash (ALGT) ALLEGIANT TRAVEL COMPANY Reports Q1 Revenue $656.4M	05-07	MT
Earnings Flash (ALGT) ALLEGIANT TRAVEL COMPANY Reports Q1 EPS $1.08	05-07	MT
Allegiant Travel Company Reports Earnings Results for the First Quarter Ended March 31, 2024	05-07	CI
Allegiant Travel Reports Decrease in March, Q1 Passenger Count	04-29	MT
Allegiant Travel Company Announces Preliminary Passenger Traffic Results for March 2024 and First Quarter 2024	04-29	CI
Travel + Leisure, Allegiant Agree to Share Promotional Offerings With Customers	04-24	MT
Travel + Leisure Co. and Allegiant Announce Multi-Year Marketing Agreement	04-23	CI
Allegiant Travel Says Flight Attendants' Union Ratifies New 5-Year Contract	04-17	MT
Allegiant Travel Company and the Transport Workers Union of America Ratifies A New Five-Year Agreement	04-16	CI
Susquehanna Cuts Price Target on Allegiant Travel to $65 From $76, Maintains Neutral Rating	04-09	MT
Barclays Cuts Price Target on Allegiant Travel to $60 From $65, Maintains Equalweight Rating	04-05	MT
Allegiant Travel Company Reports Preliminary Passenger Traffic Results for February 2024	03-29	CI
Allegiant Announces Tentative Agreement for Flight Attendants with the Transport Workers Union of America, AFL-CIO	03-22	CI
Allegiant Travel Reaches Tentative 5-Year Agreement with Union on Flight Attendants Wages	03-21	MT
Delta Among 10 US Airlines Under US Transportation Regulator's Privacy Review for Handling of Passenger Data	03-21	MT
Delta Among 10 US Airlines Under US Transportation Regulator's Privacy Review for Handling of Passenger Data	03-21	MT
Agency opens review into how largest US airlines use personal information	03-21	RE
UBS Initiates Coverage on Allegiant Travel With Sell Rating, $58 Price Target	03-20	MT
FTC, 10 US states sue 'sham' women's cancer charity	03-11	RE

Chart Allegiant Travel Company

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Company Profile

Allegiant Travel Company is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. The Company provides various travel services and products, including scheduled service air transportation, ancillary air-related products and services, third party products and services, and fixed-fee contract air transportation. The Company operates through two segments: Airline and Sunseeker Resort. The Airline segment operates as a single business unit and includes all scheduled service air transportation, ancillary air-related products and services, third party products and services, fixed fee contract air transportation and other airline-related revenue. The Sunseeker Resort segment operates as a single business unit and includes hotel rooms and suites for occupancy, group meeting facilities, food and beverage options, the Aileron Golf Course and other resort amenities.

Sector

Airlines

Calendar

2024-07-30 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Income Statement Evolution

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Ratings for Allegiant Travel Company

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

52.98 USD

Average target price

72.1 USD

Spread / Average Target

+36.09%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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