Overview
Allegiant Q2 adjusted EPS of $1.23 beats analyst expectations, per LSEG data
Company's Q2 revenue rises 3.5% yr/yr, beating analyst expectations, per LSEG data
Allegiant operated record 37,000 flights, achieving 99.9% controllable completion factor
Outlook
Allegiant forecasts full-year 2025 capacity to be flat year-over-year
Company expects Q3 2025 adjusted EPS between ($1.75) and ($2.75)
Allegiant anticipates full-year 2025 adjusted EPS to exceed $2.25
Company sees Q3 2025 fuel cost per gallon at $2.55
Result Drivers
RECORD FLIGHTS - Allegiant operated 37,000 flights, the highest quarterly total in company history, per CEO Gregory Anderson
COST CONTROLS - Improved margins attributed to higher productivity and strong cost controls
ANCILLARY REVENUE - New pricing tools and product expansions increased ancillary revenue by $3 per passenger in the first half of 2025
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$689.40 mln
$684.30 mln (10 Analysts)
Q2 Adjusted EPS
Beat
$1.23
$0.76 (12 Analysts)
Q2 EPS
-$3.62
Q2 Net Income
-$65.20 mln
Q2 Operating Income
-$67.50 mln
Q2 Pretax Profit
-$88.60 mln
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the airlines peer group is "buy."
Wall Street's median 12-month price target for Allegiant Travel Co is $56.00, about 14.1% above its August 1 closing price of $48.12
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 7 three months ago
Press Release: ID:nPn7fRjGna
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)