Allegiant Travel Co reports results for the quarter ended June 30 - Earnings Summary
Allegiant Travel Co reports results for the quarter ended June 30 - Earnings Summary
Allegiant Travel Co ALGT.OQ reported quarterly adjusted earnings of $2.19 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.23. The mean expectation of fourteen analysts for the quarter was for earnings of $1.14 per share. Wall Street expected results to range from zero cents to $1.38 per share.
Revenue rose 36.9% to $943.49 million from a year ago; analysts expected $978.16 million.
Allegiant Travel Co's reported EPS for the quarter was a loss of 21 cents.
The company reported a quarterly loss of $4.86 million.
Allegiant Travel Co shares had fallen by 12.0% this quarter and gained 21.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 613.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the airlines peer group is also "buy"
Wall Street's median 12-month price target for Allegiant Travel Co is $133.50, about 22.5% above its last closing price of $103.48
This summary was machine generated from LSEG data August 4 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.14 | 2.19 | Beat |
Mar. 31 2026 | 3.34 | 3.77 | Beat |
Dec. 31 2025 | 1.96 | 2.80 | Beat |
Sep. 30 2025 | -1.82 | -2.09 | Missed |
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