Allegiant Travel (NASDAQ:ALGT) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Allegiant Travel missed estimated earnings by 32.61%, reporting an EPS of $0.62 versus an estimate of $0.92.

Revenue was up $157.41 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 1.02% increase in the share price the next day.

Here's a look at Allegiant Travel's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Allegiant Travel management provided guidance for Q2 2022, expecting earnings between $0.62 and $0.62 per share.

To track all earnings releases for Allegiant Travel visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.