Allegiant Travel Company reports results for the quarter ended September 30 - Earnings Summary

• Allegiant Travel Company reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-2.09. The mean expectation of fourteen analysts for the quarter was for a loss of 53 cents per share. Wall Street expected results to range from $-1.19 to -8 cents per share.

• Revenue rose 71.1% to $961.56 million from a year ago; analysts expected $948.19 million.

• Allegiant Travel Company's reported EPS for the quarter was a loss of 56 cents​.

• The company reported a quarterly loss of $15.18 million.

• Allegiant Travel Company shares had fallen by 1.8% this quarter and lost 12.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 404.3% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the airlines peer group is also "buy"

• Wall Street's median 12-month price target for Allegiant Travel Company is $110.00, about 32.3% above its last closing price of $74.46

This summary was machine generated from LSEG data November 4 at 10:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)