Allegiant Travel's Third-Quarter Loss Wider Than Expected
Allegiant Travel's third-quarter revenues decline 0.6% year over year as passenger revenues fall.
Allegiant Travel Company (ALGT) Q3 2024 Earnings Call Transcript
Allegiant Travel Company (NASDAQ:ALGT ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Sherry Wilson - Managing Director-Investor Relations Greg Anderson - President and Chief Executive Officer Drew Wells - Chief Commercial Officer Robert Neal - Chief Financial Officer Micah Richins - President-Sunseeker Resorts Conference Call Participants Savi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Scott Group - Wolfe Research Thomas Fitzgerald - TD Cowen Katherine Kallergis - Morgan Stanley Brandon Oglenski - Barclays Andrew Didora - Bank of America Michael Linenberg - Deutsche Bank Dan McKenzie - Seaport Global Operator Thank you for standing by. My name is Mandeep, and I'll be your operator today.
Allegiant Travel (ALGT) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Allegiant Travel (ALGT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Allegiant Travel (ALGT) Reports Q3 Loss, Tops Revenue Estimates
Allegiant Travel (ALGT) came out with a quarterly loss of $2.02 per share versus the Zacks Consensus Estimate of a loss of $1.85. This compares to earnings of $0.09 per share a year ago.
Allegiant's Q3 Earnings Coming Up: What's in the Offing for the Stock?
Allegiant's third-quarter top line is expected to have been significantly hurt by dismal segmental performance.
Despite Fast-paced Momentum, Allegiant Travel (ALGT) Is Still a Bargain Stock
Allegiant Travel (ALGT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Analysts Estimate Allegiant Travel (ALGT) to Report a Decline in Earnings: What to Look Out for
Allegiant Travel (ALGT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is Allegiant (ALGT) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Buy These 3 Airline Stocks to Capitalize on Solid Industry Trends
Upbeat passenger volumes bode well for the Zacks Transportation- Airline industry. Stocks like RYAAY, LUV and ALGT appear to be good bets currently.
Unlock Your Portfolio Value With These 4 High Earnings Yield Stocks
Add value to your portfolio with high earnings yield stocks like GOLD, CPRX, ALGT and AMX amid market uncertainty.
Will Allegiant Travel (ALGT) Beat Estimates Again in Its Next Earnings Report?
Allegiant Travel (ALGT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Allegiant Gains 25.7% in a Month: What Should Investors Do Now?
With ALGT's shares appreciating lately, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.
