Allegiant Travel (NASDAQ:ALGT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 09:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Allegiant Travel beat estimated earnings by 32.17%, reporting an EPS of $3.04 versus an estimate of $2.3.
Revenue was up $149.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $2.48 which was followed by a 21.16% increase in the share price the next day.
Here’s a look at Allegiant Travel’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.69 | -0.31 | 0.92 | -0.07 |
| EPS Actual | 3.17 | -0.54 | 0.62 | -0.12 |
| Revenue Estimate | 578.05M | 553.41M | 629.64M | 491.37M |
| Revenue Actual | 611.55M | 560.33M | 629.85M | 500.11M |
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.
