ALGT Stock Recent News

Allegiant Travel (ALGT) came out with quarterly earnings of $2.10 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $0.11 per share a year ago.

Fourth quarter 2024 GAAP diluted loss per share of $(12.00)  Fourth quarter  2024 adjusted airline-only diluted earnings per share of $3.00 (1)(3)(4) Fourth quarter  2024 adjusted diluted earnings per share of $2.10(1)(3)(4) Full-year 2024 GAAP diluted loss per share of $(13.49) Full-year 2024 adjusted airline-only diluted earnings per share of $5.84 (1)(3)(4) Full-year 2024 adjusted diluted earnings per share of $2.48 (1)(3)(4) *GAAP numbers include a one-time impairment charge in the estimated amount of $322M related to Sunseeker Resort* LAS VEGAS , Feb. 4, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported the following financial results for fourth quarter and full-year 2024, as well as comparisons to the prior year: Consolidated Three Months Ended December 31, Percent Change (unaudited) (in millions, except per share amounts) 2024 2023 YoY Total operating revenue $                    627.7 $                    611.0

Here is how Allegiant Travel (ALGT) and Delta Air Lines (DAL) have performed compared to their sector so far this year.

Allegiant Travel (ALGT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

LAS VEGAS , Jan. 29, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for December 2024. Scheduled Service – Year Over Year Comparison December 2024 December 2023 Change Passengers 1,544,874 1,356,025 13.9 % Revenue passenger miles (000) 1,441,734 1,255,868 14.8 % Available seat miles (000) 1,771,717 1,521,846 16.4 % Load factor 81.4 % 82.5 % (1.1pts) Departures 11,117 9,527 16.7 % Average stage length (miles) 912 903 1.0 % 4 th Quarter 2024 4 th Quarter 2023 Change Passengers 3,927,423 4,067,855 (3.5 %) Revenue passenger miles (000) 3,609,892 3,691,343 (2.2 %) Available seat miles (000) 4,503,059 4,429,826 1.7 % Load factor 80.2 % 83.3 %  (3.1pts) Departures 28,617 28,244 1.3 % Average stage length (miles) 900 887 1.5 % Full Year 2024 Full Year 2023 Change Passengers 16,765,283 17,143,870 (2.2 %) Revenue passenger miles (000) 15,303,737 15,639,329 (2.1 %) Available seat miles (000) 18,314,867 18,208,82

Allegiant Travel (ALGT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

LAS VEGAS , Jan. 16, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its fourth quarter and full-year 2024 financial results conference call for Tuesday, February 4 at 4:30 p.m. EST. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com.

Does Allegiant Travel (ALGT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Allegiant (ALGT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Proactive efforts to expand its global reach boost Allegiant's prospects. Strong air travel demand also bodes well for ALGT.