ALGT Stock Recent News
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Allegiant Travel Company's first quarter results beat analyst estimates by $11.18 million on the top line and $0.12 on EPS. The company's new Sunseeker Resort is facing challenges in its initial stages, but has potential for growth. ALGT's performance in the airline segment was underwhelming, with declining revenues and increasing costs.
Although the revenue and EPS for Allegiant Travel (ALGT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
High fuel costs are likely to have hurt Allegiant Travel's (ALGT) bottom-line performance in Q1.
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.
Allegiant Travel (ALGT) benefits from robust air travel demand and fleet expansions. However, high labor and fuel expenses impede bottom-line progress.
Allegiant Travel (ALGT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Allegiant's (ALGT) load factor for February 2024 came in at 84%.
In the closing of the recent trading day, Allegiant Travel (ALGT) stood at $72.40, denoting a +0.55% change from the preceding trading day.
Zacks.com users have recently been watching Allegiant (ALGT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Allegiant Travel (ALGT) closed the most recent trading day at $67.61, moving +0.84% from the previous trading session.