---
schema_version: "secwatch.filing_event.v1"
accession: "0001362468-22-000064"
form_type: "8-K"
ticker: "ALGT"
cik: "0001362468"
company_name: "Allegiant Travel CO"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T12:50:11.727626+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Allegiant Q3 GAAP EPS loss $(2.58), adj. loss $(0.54); revenue $560M up 28% vs 2019

## Summary
- GAAP diluted loss per share $(2.58); adjusted loss $(0.54) excluding $35M Hurricane Ian charge and recognition bonus.
- Total operating revenue $560.3M, up 28.4% vs 2019; load factor 88.5%, best Q3 since 2014.
- Recorded $35M special charge for Hurricane Ian property damage at Sunseeker Resort; insurance recovery expected.
- Issued $550M 7.25% senior secured notes due 2027; repaid $533M Term Loan B and $25M CARES loan; $54M share repurchase authority reinstated.
- Q4 guidance: system ASMs up ~13.5% vs 2019, revenue up 26.5-28.5%; expect profitable quarter.

## SEC filing metadata
- accession: 0001362468-22-000064
- form_type: 8-K
- ticker: ALGT
- cik: 0001362468
- company_name: Allegiant Travel CO
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362468/000136246822000064/0001362468-22-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362468/000136246822000064/algt-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001362468-22-000064
- JSON: https://secwatch.observer/filing/0001362468-22-000064.json
- Plain text: https://secwatch.observer/filing/0001362468-22-000064.txt

## Key facts
- Earnings Releases
  Allegiant Travel CO reported the nine months ended September 30, 2022 results: revenue $ 1,690.3, net income (50.0), EPS (2.78).
  - Period: the nine months ended September 30, 2022
  - Revenue: $ 1,690.3
  - Net income: (50.0)
  - EPS: (2.78)
  - Result: reported results
  source text: Nine Months Ended September 30, Percent Change (unaudited) (in millions, except per share amounts) 2022 2021 2019 YoY Yo3Y Total operating revenue $ 1,690.3 $ 1,211.0 $ 1,379.9 39.6 % 22.5 % Total operating expense 1,687.8 981.3 1,108.6 72.0 52.2 Operating income 2.4 229.7 271.3 (98.9) (99.1) Income (loss) before income taxes (60.9) 181.5 222.6 (133.6) (127.4) Net income (loss) (50.0) 141.2 171.6 (135.4) (129.1) Diluted earnings (loss) per share (2.78) 8.18 10.54 (134.0) (126.4)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362468/000136246822000064/0001362468-22-000064-index.htm
- Earnings Releases
  Allegiant Travel CO reported the three months ended September 30, 2022 results: revenue $ 560.3, net income (46.5), EPS (2.58).
  - Period: the three months ended September 30, 2022
  - Revenue: $ 560.3
  - Net income: (46.5)
  - EPS: (2.58)
  - Result: reported results
  source text: Consolidated Three Months Ended September 30, Percent Change (unaudited) (in millions, except per share amounts) 2022 2021 2019 YoY Yo3Y Total operating revenue $ 560.3 $ 459.5 $ 436.5 22.0 % 28.4 % Total operating expense 591.2 393.2 364.4 50.4 62.3 Operating income (loss) (30.9) 66.3 72.1 (146.6) (142.9) Income (loss) before income taxes (56.2) 50.2 56.9 (211.8) (198.7) Net income (loss) (46.5) 39.3 43.9 (218.4) (205.8) Diluted earnings (loss) per share (2.58) 2.18 2.70 (218.3) (195.6)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362468/000136246822000064/0001362468-22-000064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.