Allegiant Travel Earnings Preview: Can This Streak Continue?
Allegiant Travel (NASDAQ:ALGT) will report earnings after markets close on Wednesday, April 24th. Allegiant Travel Company is a leisure travel company. The Company operates a passenger airline marketed to leisure travelers in small cities.
Here is your Cheat Sheet to Allegiant Travel Earnings:
Earnings Expectations: Analysts expect earnings of $1.44 per share on revenues of $264.90 million. Currently, the company’s P/E ratio stands at 21.87.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.62 to a profit $1.6. For the current year, the average estimate is a profit of $5.22, which is worse than the estimate ninety days ago.
Here’s how Allegiant Travel has been performing on an annual basis:
|Revenue ($) in millions||504.01||557.94||663.64||779.12||908.72|
|Diluted EPS ($)||1.72||3.76||3.32||2.57||4.06|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||193.94||237.85||231.17||216.86||222.84|
|Diluted EPS ($)||0.57||1.12||1.30||0.87||0.77|
Allegiant Travel has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)