Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Allegiant Travel Company (ALGT)
NASDAQ:ALGT
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.98Last Year’s EPS
0.57Same Quarter Last Year
Based on 10 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: -15.99%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with significant achievements in operational efficiency and financial discipline, balanced against challenges such as revenue declines and impairment charges related to Sunseeker. While operational and financial strategies show promise, the impact of certain headwinds, including foreign exchange and exceptional costs like the pilot bonus, were evident.Company Guidance
In the Allegiant Travel Company Fourth Quarter and Full-Year 2024 Earnings Call, the company reported a commendable adjusted airline-only operating margin of over 13% for the December quarter, a 6.5-point increase from the previous year. A significant 16% increase in December capacity was driven by aircraft utilization averaging 9.6 hours per day, marking a 21% year-over-year rise. The company achieved a controllable completion rate of 99.7% during the peak holiday period. Allegiant plans to maintain this momentum into 2025, with expectations of over 15% capacity growth throughout the year. They ended 2024 with $2.44 billion in airline revenue, a slight 2.6% decrease from the prior year, while total ASMs grew 1.1%. Allegiant also highlighted the introduction of four MAX aircraft and anticipates a full-year EPS guidance midpoint of $9, suggesting more than a 50% improvement in earnings compared to 2024. Additionally, the Allegiant Always credit card is expected to generate over $140 million in total remuneration in 2025.Improved Operating Margin
Adjusted airline-only operating margin of over 13% for the December quarter, marking a 6.5 point increase from the previous year.
Capacity and Utilization Growth
16% increase in December capacity with aircraft utilization averaging 9.6 hours per day, reflecting a 21% year-over-year increase.
Successful New Initiatives
Substantial progress in commercial technology upgrades and introduction of new MAX aircraft, with 46% of the fleet equipped with Allegiant Extra product, expected to reach 70% by end of year.
Positive Financial Indicators
Fourth quarter airline revenue of nearly $610 million was up slightly year-over-year, with strong performance in the three-week holiday period growing more than 14% year-over-year.
Debt Reduction and Liquidity
Total debt balances were down nearly $200 million during 2024 with $1.1 billion in available liquidity.
---
ALGT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ALGT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $99.11 | $83.93 | -15.32% |
| Oct 30, 2024 | $62.96 | $65.01 | +3.26% |
| Jul 31, 2024 | $56.07 | $49.83 | -11.13% |
| May 07, 2024 | $55.67 | $53.33 | -4.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Allegiant Travel Company (ALGT) report earnings?
Allegiant Travel Company (ALGT) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Allegiant Travel Company (ALGT) earnings time?
Allegiant Travel Company (ALGT) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALGT EPS forecast?
ALGT EPS forecast for the fiscal quarter 2025 (Q1) is 1.98.
---