Recap: Allegiant Travel Q2 Earnings

Shares of Allegiant Travel ALGT were flat in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 158.05% year over year to $3.46, which beat the estimate of $2.16.

Revenue of $472,433,000 higher by 254.29% year over year, which beat the estimate of $442,220,000.

Looking Ahead

Allegiant Travel hasn't issued any earnings guidance for the time being.

Q3 revenue expected between $451,787,000 and $469,247,000.

Details Of The Call

Date: Jul 28, 2021

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/x6tmv6bp

Recent Stock Performance

52-week high: $271.29

Company's 52-week low was at $105.08

Price action over last quarter: down 17.99%

Company Overview

Allegiant Travel Co provides travel services in the United States. It sells air transportation on a stand-alone basis or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company's operating segment includes Airline, Sunseeker Resort, and other non-airline. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!