Allegiant Travel Co. (NASDAQ:ALGT) shares climbed 4.8% in post-market trading Monday after the company reported stronger-than-expected second quarter earnings. The airline posted adjusted EPS of $1.23, beating the $0.79 average estimate from analysts polled by Bloomberg. Despite forecasting a seasonal operating loss in Q3, Allegiant reaffirmed its outlook for full-year profitability.
- Q2 adjusted EPS: $1.23 vs. $0.79 expected
- Allegiant expects full-year operating profit despite Q3 seasonal loss
- Consumer confidence and bookings expected to improve in H2 2025
- Plans to maintain 2026 capacity at 2025 levels while improving revenue per seat mile
- Expanding Allegiant Extra premium seating product
- New Boeing 737 Max deliveries expected in 2026
- Pulled 2025 guidance earlier due to inflation and trade war concerns
Relevant Companies
- ALGT: Core company reporting earnings and projecting fleet upgrades
- BA: Boeing will supply 737 Max aircraft for Allegiant’s fleet expansion
- JBLU: Peer airline also seeing recovery in travel demand
Editor’s Note: This is a developing story. This article may be updated as more details become available.
