earnings
confidence high
sentiment negative
materiality 0.85
Allegiant posts Q1 GAAP loss of $0.07 per share; adjusted EPS falls 81% to $0.57
Allegiant Travel CO
2024-Q1 EPS reported
-$0.07
revenue$656,406,000
- GAAP net loss $0.9M vs income $56.1M YoY; diluted loss per share $(0.07) vs earnings $3.09.
- Adjusted diluted EPS (ex-specials) $0.57, down 81% YoY; airline-only adjusted EPS $1.08, down 67%.
- Total operating revenue $656.4M (+1% YoY); operating income $15.4M, down 83.8%.
- Q2 guidance: airline-only op margin 7-9%, EPS ex-specials $1.25-$1.75; consolidated EPS $0.50-$1.00.
- Sunseeker Resort Q1 revenue $23.9M, occupancy ~40%, ADR $330; FY EBITDA ~$(15)M.