8-K
filed August 2, 2023, 7:59 PM ET
ticker ALGT
CIK 0001362468
earnings
confidence high
sentiment positive
materiality 0.85
Allegiant Q2 GAAP EPS $4.80 vs $0.24 YoY; revenue $683.8M up 8.6%; guides FY airline EPS $10.50-$13.00
Allegiant Travel CO
2023-Q2 EPS reported
$7.84
revenue$1,333,497,000
- GAAP diluted EPS $4.80, adjusted EPS $4.35; net income $88.5M (Q2 2022: $4.4M).
- Total operating revenue record $683.8M, up 8.6% YoY; TRASM up 7.5% on 0.7% capacity increase.
- Declared annual dividend $2.40/share ($0.60/quarter) payable Sep 1, 2023.
- FY 2023 airline-only EPS guidance raised to $10.50-$13.00; fuel cost forecast lowered to $2.90/gal.
- Sunseeker Resort on track for mid-October opening; total project capex $695M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Allegiant Travel CO reported second quarter 2023 results: revenue $ 683.8, net income 88.5, EPS 4.80.
- Period
- second quarter 2023
- Revenue
- $ 683.8
- Net income
- 88.5
- EPS
- 4.80
- Result
- reported results
Exact text from the filing
Consolidated Three Months Ended June 30, Percent Change (unaudited) (in millions, except per share amounts) 2023 2022 YoY Total operating revenue $ 683.8 $ 629.8 8.6 % Total operating expense 550.4 603.7 (8.8) % Operating income 133.4 26.1 411.1 % Income before income taxes 116.3 5.8 NM Net income 88.5 4.4 NM Diluted earnings per share 4.80 0.24 NM
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Allegiant Travel CO reported six months ended June 30, 2023 results: revenue $ 1,333.5, net income 144.6, EPS 7.84.
- Period
- six months ended June 30, 2023
- Revenue
- $ 1,333.5
- Net income
- 144.6
- EPS
- 7.84
- Result
- reported results
Exact text from the filing
Consolidated Six Months Ended June 30, Percent Change (unaudited) (in millions, except per share amounts) 2023 2022 YoY Total operating revenue $ 1,333.5 $ 1,130.0 18.0 % Total operating expense 1,105.2 1,096.6 0.8 Operating income 228.3 33.4 583.5 Income (loss) before income taxes 190.8 (4.7) NM Net income (loss) 144.6 (3.5) NM Diluted earnings (loss) per share 7.84 (0.20) NM
View on SEC.gov
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