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Shares of Allegiant Travel (NASDAQ:ALGT) decreased 0.19% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were down 223.91% year over year to ($5.96), which missed the estimate of ($5.49).
Revenue of $133,347,000 declined by 72.88% year over year, which beat the estimate of $104,390,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Allegiant Travel hasn't issued any revenue guidance for the time being.
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Recent Stock Performance
52-week high: $183.26
Company's 52-week low was at $60.06
Price action over last quarter: Up 47.83%
Company Description
Allegiant Travel provides travel services in the United States. It sells air transportation on a stand-alone basis, or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company operates under one business segment, and does not separately track expenses for scheduled service and fixed-fee arrangements. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center. It does not sell products or tickets through outside sales channels.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.