secwatch.observer — SEC 8-K summary
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Issuer:     Allegiant Travel CO (ALGT)
CIK:        0001362468
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001362468-24-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegiant posts Q1 GAAP loss of $0.07 per share; adjusted EPS falls 81% to $0.57
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362468/000136246824000017/0001362468-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362468/000136246824000017/algt-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001362468-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer