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The latest update is out from Allegiant Travel Company ( (ALGT) ).
On February 4, 2025, Allegiant Travel Company reported its financial results for the fourth quarter and full-year 2024. The company experienced a GAAP diluted loss per share of $12.00 for the fourth quarter and $13.49 for the full year, largely due to a one-time impairment charge related to the Sunseeker Resort. Despite this, the adjusted diluted earnings per share for the airline-only operations were $3.00 for the fourth quarter and $5.84 for the year. The report highlights a mixed financial performance with significant losses impacted by special charges, but showcases resilience in its core airline operations.
More about Allegiant Travel Company
Allegiant Travel Company is a prominent player in the airline industry, focusing on offering low-cost travel options primarily within the United States. The company operates a business model that integrates travel services including airline operations and vacation packages, which are aimed at cost-conscious travelers.
YTD Price Performance: 6.37%
Average Trading Volume: 335,466
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.79B
For a thorough assessment of ALGT stock, go to TipRanks’ Stock Analysis page.
