Recap: Allegiant Travel Q1 Earnings

Allegiant Travel ALGT reported its Q1 earnings results on Wednesday, May 3, 2023 at 09:00 AM.

Here's what investors need to know about the announcement.

Allegiant Travel beat estimated earnings by 32.17%, reporting an EPS of $3.04 versus an estimate of $2.3.

Revenue was up $149.58 million from the same period last year.

Last quarter the company beat on EPS by $2.48 which was followed by a 21.16% increase in the share price the next day.

Here's a look at Allegiant Travel's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.69	-0.31	0.92	-0.07
EPS Actual	3.17	-0.54	0.62	-0.12
Revenue Estimate	578.05M	553.41M	629.64M	491.37M
Revenue Actual	611.55M	560.33M	629.85M	500.11M

To track all earnings releases for Allegiant Travel visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar