Allegiant Travel Company's (ALGT) shares have gained 1.2% since its first-quarter 2024 earnings release on May 7. Quarterly earnings 57 cents beat Zacks Consensus Estimate of 51 cents but declined 81.3% year over year. Operating revenues of $656.4 million outperformed the Zacks Consensus Estimate of $648.4 million and increased 1% on a year-over-year basis.Passenger revenues, which accounted for the bulk (88%) of the top line, fell 4.8% on a year-over-year basis. Air traffic (measured in revenue passenger m ...

文章核心观点 - Allegiant Travel Company在2023年12月开设了备受期待的Sunseeker Resort，这标志着公司业务的多元化，此前主要集中在客运和度假相关收入上 - 2024年第一季度财报显示，尽管总收入和每股收益（EPS）超出了分析师预期，但公司对航空业务的成本控制和Sunseeker Resort的运营表现并不满意 - 公司预计Sunseeker Resort在2024年将面临1500万美元的EBITDA亏损，主要原因是开业时间不理想和市场推广的挑战 - 航空业务方面，尽管收入下降了1720万美元，但成本增加了5620万美元，主要由于工资增加了4200万美元，导致单位成本上升 - 公司预计2024年将是控制成本和提升Sunseeker Resort业绩的关键年份，尽管存在风险，但仍被视为具有显著上涨潜力的投机性买入机会 [1][3][4][5][6] 财务表现 - 2024年第一季度总收入增长1%，达到6.564亿美元，其中航空收入下降1720万美元，但被Sunseeker Resort的收入增长所抵消 [3] - 航空业务收入下降1720万美元，而成本增加了5620万美元，主要由于工资增加了4200万美元 [4] - 单位成本（不包括燃料）增加了18.5%，而乘客收入每可用座位英里数下降了4.8% [4] - 预计Sunseeker Resort在2024年将面临1500万美元的EBITDA亏损 [4] 业务展望 - 2024年将是控制航空业务成本和提升Sunseeker Resort业绩的关键年份 [6] - Sunseeker Resort预计将在2025-2026年达到目标定价和入住率水平 [5] - 公司计划在未来几年继续增加债务，以保持至少4亿美元的现金和现金等价物 [5] 股票评级 - 给予Allegiant Travel Company股票“买入”评级，目标价为76.76美元，代表43%的上涨潜力 [5] - 由于航空业务的成本挑战和Sunseeker Resort的学习曲线，该投资被视为投机性买入 [5]

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, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to_______ Commission File Number 001-33166 Allegiant Travel Company (Exact Name of Registrant as Specified in Its Charter) Nevada 20-4745737 (State or ...

The airline was also named the No. 1 ULCC LAS VEGAS, May 9, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has been named one of the top three airlines, and number one ULCC, by customers, according to the J.D. Power 2024 North America Airline Satisfaction Study. The consumer research firm's annual survey asked passengers to rate carriers based on seven core factors: airline staff, digital tools, ease of travel, level of trust, on-board experience, pre/post-flight experience, and value for pric ...

财务数据和关键指标变化 - 第一季度合并净收入为1040万美元,每股收益为0.57美元 [59] - 航空业务净收入为1980万美元,每股收益为1.08美元 [59] - 合并EBITDA为9230万美元,EBITDA利润率为14.1% [59] - 航空业务EBITDA为9700万美元,EBITDA利润率为15.3% [59] - 燃油成本为每加仑3.03美元,高于预期0.18美元 [59] - 非燃油单位成本同比增加14%,其中6个百分点来自飞行员保留奖金的计提 [60] 各条业务线数据和关键指标变化 - 第三方收入占每位乘客8.21美元,同比增长30% [15] - 客舱附加费收入同比略有下降,主要受到Navitaire系统升级的影响 [51][52] - Sunseeker度假村第一季度EBITDA亏损约1500万美元,预计全年EBITDA亏损1500万美元 [13] 各个市场数据和关键指标变化 - 第一季度总收益率(TRASM)为13.23美分,为公司历史第二高的第一季度水平 [46][47] - 第二季度TRASM预计环比下降2.5%,同比下降约5.5% [50][51] 公司战略和发展方向及行业竞争 - 公司正在优化收益管理软件,完成MAX飞机交付,与飞行员达成新协议 [11] - 公司正在恢复过去行之有效的年度运营节奏,包括每年秋季招聘和培训新飞行员 [10] - 公司与波音合作制定有序的飞机交付计划,以缓解对运营的影响 [63][64][65] - 公司正在调整基础设施以适应更温和的增长轨迹 [68] - 公司的差异化模式和良好的品牌声誉使其能够保持较高的单位收益 [14][15][19] 管理层对经营环境和未来前景的评论 - 管理层对公司当前的财务表现不满意,但相信通过恢复高峰期利用率、优化Navitaire系统和MAX飞机投入运营等措施,可以在未来恢复行业领先的利润水平 [7][8][26][27][28] - 管理层认为公司的基本商业模式依然很强,只是在过去几年受疫情影响失去了良好的运营节奏,未来有信心恢复 [17][18] - 管理层对夏季旺季的需求保持乐观,认为高峰期的收益能力依然很强 [80] 问答环节重要的提问和回答 问题1 **Helane Becker 提问** 询问维修成本是否为一次性因素 [74][75] **Robert Neal 回答** 维修成本有一定的持续性,但会有所下降,主要受合同劳动力成本下降的影响 [75] 问题2 **Ravi Shanker 提问** 询问公司是否有信心在恢复高峰期利用率的同时不会出现产能过剩 [79][80] **Drew Wells 回答** 公司将重点恢复3月、夏季和节假日等高峰期的利用率,而不是4-5月这样的淡季,有信心可以实现 [80] 问题3 **Andrew Didora 提问** 询问Sunseeker的EBITDA亏损大幅下调的原因 [89][90][91][92] **Micah Richins 回答** Sunseeker的预订趋势和当地市场需求疲软是主要原因,公司正在努力提高入住率和效率 [92][93][94]

Exhibit 99.1 ALLEGIANT TRAVEL COMPANY FIRST QUARTER 2024 FINANCIAL RESULTS First quarter 2024 GAAP diluted loss per share of $(0.07) First quarter 2024 diluted earnings per share, excluding special charges of $0.57(1)(4)(5) First quarter 2024 airline only diluted earnings per share, excluding special charges of $1.08(1)(4)(6) LAS VEGAS. May 7, 2024 — Allegiant Travel Company (NASDAQ: ALGT) today reported the following financial results for the first quarter 2024, as well as comparisons to the prior year: Co ...

Allegiant Travel (ALGT) reported $656.41 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 1%. EPS of $0.57 for the same period compares to $3.04 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $648.38 million, representing a surprise of +1.24%. The company delivered an EPS surprise of +11.76%, with the consensus EPS estimate being $0.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Allegiant Travel Company (ALGT) is scheduled to report first-quarter 2024 results on May 7 after market close.ALGT has a promising earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the four preceding quarters and missing in one, the average beat being 34.56%. The Zacks Consensus Estimate for the current-quarter loss has widened to 84 cents per share from 43 cents in the past 60 days.Let us take a look at the factors that are likely to have influenced ALGT’s performance in ...

LAS VEGAS, April 30, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its first quarter 2024 financial results conference call for Tuesday, May 7 at 12:30 p.m. EDT. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site.    Allegiant – Together We Fly™Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrate ...

LAS VEGAS, April 29, 2024 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for March 2024. Scheduled Service – Year Over Year Comparison March 2024 March 2023 Change Passengers 1,649,826 1,676,400 (1.6 %) Revenue passenger miles (000) 1,569,978 1,589,454 (1.2 %) Available seat miles (000) 1,828,212 1,802,132 1.4 % Load factor 85.9 % 88.2 % (2.3 pts) Departures 11,075 11,119 (0.4 %) Average stage length ( ...