secwatch.observer — SEC 8-K summary
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Issuer:     Allegiant Travel CO (ALGT)
CIK:        0001362468
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001362468-23-000054
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegiant Q3 GAAP loss $1.44/share; cuts FY23 airline EPS guidance to $7.75-$8.50
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- Q3 GAAP net loss $25.1M ($1.44 loss per share); adjusted EPS $0.09; airline-only adjusted EPS $0.31.
- Total operating revenue $565.4M (+0.9% YoY); airline operating margin excl. specials 3.7%.
- Full-year 2023 guidance cut: airline EPS to $7.75-$8.50 (prev. $10.50-$13.00); fuel cost raised to $3.12/gal.
- Sunseeker Resort to open Dec. 15, 2023; recorded $17.4M special charge on weather damages in Q3.
- Accelerated depreciation of $15.2M on early retirement of 21 airframes; pilot retention bonuses $18.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362468/000136246823000054/0001362468-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362468/000136246823000054/algt-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001362468-23-000054

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