Allegiant Travel Company Stock Earnings Reports
Allegiant Travel Company Earnings Calls
Release date | May 06, 2025 |
EPS estimate | $1.54 |
EPS actual | $1.81 |
EPS Surprise | 17.53% |
Revenue estimate | 694.951M |
Revenue actual | 699.074M |
Revenue Surprise | 0.593% |
Release date | Feb 04, 2025 |
EPS estimate | $0.480 |
EPS actual | $2.10 |
EPS Surprise | 337.50% |
Revenue estimate | 718.443M |
Revenue actual | 627.705M |
Revenue Surprise | -12.63% |
Release date | Oct 30, 2024 |
EPS estimate | -$1.85 |
EPS actual | -$2.02 |
EPS Surprise | -9.19% |
Revenue estimate | 625.69M |
Revenue actual | 562.196M |
Revenue Surprise | -10.15% |
Release date | Jul 31, 2024 |
EPS estimate | $0.84 |
EPS actual | $1.77 |
EPS Surprise | 110.71% |
Revenue estimate | 658.05M |
Revenue actual | 666.283M |
Revenue Surprise | 1.25% |
Last 4 Quarters for Allegiant Travel Company
Below you can see how ALGT performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | Jul 31, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $56.07 |
EPS estimate | $0.84 |
EPS actual | $1.77 |
EPS surprise | 110.71% |
Date | Price |
---|---|
Jul 25, 2024 | $51.00 |
Jul 26, 2024 | $52.91 |
Jul 29, 2024 | $51.58 |
Jul 30, 2024 | $54.90 |
Jul 31, 2024 | $56.07 |
Aug 01, 2024 | $49.83 |
Aug 02, 2024 | $43.66 |
Aug 05, 2024 | $42.08 |
Aug 06, 2024 | $42.29 |
4 days before | 9.94% |
4 days after | -24.58% |
On release day | -11.13% |
Change in period | -17.08% |
Release date | Oct 30, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $62.96 |
EPS estimate | -$1.85 |
EPS actual | -$2.02 |
EPS surprise | -9.19% |
Date | Price |
---|---|
Oct 24, 2024 | $63.74 |
Oct 25, 2024 | $62.28 |
Oct 28, 2024 | $63.80 |
Oct 29, 2024 | $60.69 |
Oct 30, 2024 | $62.96 |
Oct 31, 2024 | $65.01 |
Nov 01, 2024 | $63.01 |
Nov 04, 2024 | $65.96 |
Nov 05, 2024 | $66.25 |
4 days before | -1.22% |
4 days after | 5.23% |
On release day | 3.26% |
Change in period | 3.94% |
Release date | Feb 04, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $99.11 |
EPS estimate | $0.480 |
EPS actual | $2.10 |
EPS surprise | 337.50% |
Date | Price |
---|---|
Jan 29, 2025 | $103.36 |
Jan 30, 2025 | $104.06 |
Jan 31, 2025 | $102.43 |
Feb 03, 2025 | $97.81 |
Feb 04, 2025 | $99.11 |
Feb 05, 2025 | $83.93 |
Feb 06, 2025 | $89.29 |
Feb 07, 2025 | $90.49 |
Feb 10, 2025 | $88.35 |
4 days before | -4.11% |
4 days after | -10.86% |
On release day | -15.32% |
Change in period | -14.52% |
Release date | May 06, 2025 |
Fiscal end date | Mar 31, 2025 |
Price on release | $49.41 |
EPS estimate | $1.54 |
EPS actual | $1.81 |
EPS surprise | 17.53% |
Date | Price |
---|---|
Apr 30, 2025 | $46.93 |
May 01, 2025 | $47.72 |
May 02, 2025 | $50.95 |
May 05, 2025 | $50.43 |
May 06, 2025 | $49.41 |
May 07, 2025 | $51.22 |
May 08, 2025 | $54.60 |
May 09, 2025 | $54.45 |
May 12, 2025 | $59.35 |
4 days before | 5.28% |
4 days after | 20.12% |
On release day | 3.66% |
Change in period | 26.46% |
Allegiant Travel Company Earnings Call Transcript Summary of Q1 2025
Allegiant Travel Company Q1 2025 Earnings Call Summary for Investors
Key Management Updates:
- New COO Appointment: Tyler Hollingsworth has officially been named Chief Operating Officer.
- Operational Performance: Allegiant achieved a controllable completion rate of 99.9% on 32,000 departures.
Financial Highlights:
- Passenger Growth: Over 4.4 million passengers flew with Allegiant in the quarter, a record for Q1, with a 75% repeat customer rate.
- Revenue: Consolidated net income was $33.4 million, with airline revenue reaching $668 million (up ~6% YoY).
- EBITDA Increase: The airline segment generated $121 million in EBITDA, reflecting a 25% increase YoY and an EBITDA margin of 18.1%.
- Operating Margin: The airline's operating margin improved to 9.3%, up by three percentage points YoY.
Capacity and Demand Insights:
- Capacity Management: Despite initial plans for increased capacity, Allegiant reduced capacity by approximately 7.5% for May to August due to softer demand, focusing on maintaining profitability through cost discipline.
- Yield Pressure: TRASM for the quarter was down 7.1% YoY; the company expects more pressure on RASM in Q2 compared to Q1.
- Booking Trends: Recent trends indicate a stabilization in bookings, with signs of improvements towards peak travel periods.
Strategic Initiatives:
- Fleet Management: Continued focus on maximizing fleet flexibility and efficiency with a target to operate a significant portion with MAX aircraft, expecting 16% of ASMs to come from the MAX fleet by the end of the year.
- Allegiant Extra Expansion: Over 65% of Q2 departures will feature the Allegiant Extra service, contributing significantly to ancillary revenue.
- Cost Discipline: Aggressive management of expenses is in place to maintain margins amid economic uncertainty, including targeted reductions in fixed costs and workforce realignment.
Sunseeker Update:
- Resort Performance: The Sunseeker Resort recorded an EBITDA of $4.8 million in Q1 2025, a substantial improvement from a loss in the same period last year. The sale process for the resort remains on track for completion in the summer.
Outlook:
- Q2 Guidance: Expected airline operating margin around 7% and consolidated earnings per share of $0.50, with ongoing vigilance on capacity management based on demand fluctuations. Fuel costs are projected at $2.40 per gallon for Q2.
- Long-Term Resilience: Allegiant remains focused on driving margin improvements and sustaining profitability through adaptable capacity and cost management strategies amidst economic challenges.
Conclusion
Allegiant Travel Company demonstrates solid Q1 performance driven by operational efficiency and passenger growth, though it faces ongoing challenges from a fluctuating demand environment. The company's proactive capacity management and focused strategic initiatives position it well for maintaining profitability moving forward. Investors should monitor upcoming booking trends and capacity adjustments to gauge the company's ability to navigate potential economic headwinds effectively.