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Allegiant to Launch New Flights for Boosting Connectivity
ZACKS· 2025-05-22 00:46
In a bid to broaden its network, Allegiant Travel Company (ALGT) is introducing five new nonstop routes to eight cities around the country. The routes are coming withnew low-cost travel options with one-way fares as low as $39.Tickets for all newly announced routes, including these limited flights, are now available. Flight days, times and the lowest fares can be found at Allegiant.com.Drew Wells, Allegiant's chief commercial officer, stated, "This expansion caters to passengers and communities we feel have ...
Allegiant Announces Five New Routes with One-Way Fares as Low as $39*
Prnewswire· 2025-05-21 13:00
The Airline Offers New Low-Cost Travel Options to Popular Destinations in Eight CitiesLAS VEGAS, May 21, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced five new nonstop routes to eight cities around the country. To celebrate, the company is offering one-way fares on the new routes as low as $39.*The routes, launching this fall, will provide the only nonstop service between these cities. Additionally, the airline added an intrastate route for travelers in Tennessee."This expansi ...
Allegiant Q1 Earnings and Revenues Top Estimates, Improve Y/Y
ZACKS· 2025-05-08 20:30
Allegiant Travel Company (ALGT) has reported first-quarter 2025 earnings per share (excluding 8 cents from non-recurring items) of $1.81, which surpassed the Zacks Consensus Estimate of $1.54. The company reported earnings of 57 cents per share in the year-ago quarter.Operating revenues of $699.1 million surpassed the Zacks Consensus Estimate of $690.3 million and improved 6.5% on a year-over-year basis.Passenger revenues, which accounted for the bulk (88.2%) of the top line, improved 6.3% year over year. A ...
Allegiant Travel(ALGT) - 2025 Q1 - Quarterly Report
2025-05-08 04:01
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to_______ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or Commission File Number 001-33166 Allegiant Travel Company (Exact Name of Registrant as Specified in Its Charter) Nevada 20-4745737 (State or ...
Here's What Key Metrics Tell Us About Allegiant Travel (ALGT) Q1 Earnings
ZACKS· 2025-05-07 09:00
For the quarter ended March 2025, Allegiant Travel (ALGT) reported revenue of $699.07 million, up 6.5% over the same period last year. EPS came in at $1.81, compared to $0.57 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $690.25 million, representing a surprise of +1.28%. The company delivered an EPS surprise of +17.53%, with the consensus EPS estimate being $1.54.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...
Allegiant Travel (ALGT) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-07 06:25
Allegiant Travel (ALGT) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.53%. A quarter ago, it was expected that this travel services company would post earnings of $1.88 per share when it actually produced earnings of $2.10, delivering a surprise of 11.70%.Over the last four quart ...
Allegiant Travel(ALGT) - 2025 Q1 - Earnings Call Transcript
2025-05-07 05:32
Allegiant Travel Company (ALGT) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Company Participants Sherry Wilson - Managing Director, Investor RelationsGregory Anderson - President & CEODrew Wells - SVP & Chief Commercial OfficerRobert Neal - Senior VP & CFODuane Pfennigwerth - Senior Managing DirectorMicah Richins - Executive VP & COO of Sunseeker ResortsMichael Linenberg - Managing DirectorCatherine O'Brien - Vice President Conference Call Participants Scott Group - MD & Senior AnalystConor Cunningham - ...
Allegiant Travel(ALGT) - 2025 Q1 - Earnings Call Transcript
2025-05-07 04:30
Allegiant Travel Company (ALGT) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Speaker0 Thank you for standing by. My name is Kayla, and I will be your conference operator today. At this time, I would like to welcome everyone to the Allegiant Travel Company First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the call over to Sherry Wilson, Managin ...
Allegiant Travel(ALGT) - 2025 Q1 - Quarterly Results
2025-05-07 04:02
"Team Allegiant executed a successful first quarter, delivering an airline-only operating margin of 9.3 percent, a three-point improvement from last year and among the best in the industry," stated Gregory Anderson, president and CEO of Allegiant Travel Company. "These financial results were underscored by our excellent operations, as the team achieved a 99.9 percent controllable completion during the quarter on 14.2 percent capacity growth. Exhibit 99.1 ALLEGIANT TRAVEL COMPANY FIRST QUARTER 2025 FINANCIAL ...
Allegiant March 2025 Traffic Numbers Improve Year Over Year
ZACKS· 2025-04-22 22:00
Allegiant Travel Company(ALGT) recently reported encouraging traffic numbers for March 2025.Scheduled traffic (measured in revenue passenger miles) rose 15.9% from the March 2024 levels. Capacity (measured in available seat miles) for scheduled service rose 20.7% year over year. Although traffic improved on a year-over-year basis, it failed to outpace capacity expansion. As a result, the load factor (percentage of seats filled by passengers) in March 2025 declined to 82.4% from 85.9% a year ago. Total depar ...