Back to top

Image: Bigstock

Allegiant Travel (ALGT) Reports Q3 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

Allegiant Travel (ALGT - Free Report) reported $961.56 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 71.1%. EPS of -$0.03 for the same period compares to -$2.09 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $940.46 million, representing a surprise of +2.24%. The company delivered an EPS surprise of +93.62%, with the consensus EPS estimate being -$0.47.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Allegiant Travel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total system statistics - Available seat miles (ASMs): 6.31 billion versus 6.36 billion estimated by four analysts on average.
  • Scheduled service statistics - Total passenger revenue per ASM (TRASM): 14.18 cents compared to the 14.43 cents average estimate based on four analysts.
  • Scheduled service statistics - Available seat miles (ASMs): 5.8 billion versus the four-analyst average estimate of 5.52 billion.
  • Total system statistics - Average fuel cost per gallon: $4 per gallon compared to the $3.9 per gallon average estimate based on four analysts.
  • Scheduled service statistics - Revenue passenger miles (RPMs): 5.02 billion versus the four-analyst average estimate of 5.01 billion.
  • Total system statistics - Airline operating CASM, excluding fuel: 9.23 cents compared to the 9.98 cents average estimate based on four analysts.
  • Scheduled service statistics - Load factor: 86.7% versus 84.4% estimated by four analysts on average.
  • Total system statistics - ASMs per gallon of fuel: 86 compared to the 76 average estimate based on three analysts.
  • Total system statistics - Fuel gallons consumed: 73.58 Mgal versus the three-analyst average estimate of 75.20 Mgal.
  • Operating Revenues- Fixed fee contracts: $83.65 million versus the four-analyst average estimate of $70.12 million. The reported number represents a year-over-year change of +343.7%.
  • Operating Revenues- Passenger: $777.45 million versus the four-analyst average estimate of $792.91 million. The reported number represents a year-over-year change of +57.3%.
  • Operating Revenues- Third party products: $44.62 million compared to the $44.79 million average estimate based on four analysts. The reported number represents a change of +13.3% year over year.

View all Key Company Metrics for Allegiant Travel here>>>

Shares of Allegiant Travel have returned -4% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Published in