Allegiant Travel Company Second Quarter 2018 Financial Results

Go back to Allegiant Travel Company Second Quarter 2018 Financial Results

Allegiant Travel Company (ALGT) PT Lowered to $121 at Imperial Capital

July 27, 2018 8:40 AM EDT

Imperial Capital lowered its price target on Allegiant Travel Company (NASDAQ: ALGT) to $121.00 (from $165.00) while maintaining a In-Line rating.

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Allegiant Travel (ALGT) Tops Q2 EPS by 39c, Slight Miss on Revenues; Lowers FY18 EPS Guidance Below Consensus

July 25, 2018 4:05 PM EDT

Allegiant Travel (NASDAQ: ALGT) reported Q2 EPS of $3.10, $0.39 better than the analyst estimate of $2.71. Revenue for the quarter came in at $436.8 million versus the consensus estimate of $438.34 million.

"We are proud to announce our 62nd consecutive profitable quarter," stated Maurice J. Gallagher, Jr., chairman and CEO of Allegiant Travel Company. "This is the second consecutive quarter of EPS growth, despite seeing our fuel cost per gallon increase by over 39 percent in the second quarter. This is a wonderful testament to the hard work of our team members as we navigate another... More