Allegiant Travel Earnings Preview: Can This Streak Continue?
Allegiant Travel (NASDAQ:ALGT) will report earnings before markets open on Tuesday, July 23rd. 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 $259.28 million. Currently, the company’s P/E ratio stands at 22.46.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.06 to a profit $1.1. For the current year, the average estimate is a profit of $5.25, which is better than the estimate ninety days ago.
Here’s how Allegiant Travel has been performing on an annual basis:
|Revenue ($) in millions||504||558||664||779||909|
|Diluted EPS ($)||1.73||3.76||3.32||2.57||4.06|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||231.17||216.86||222.84||272.96|
|Diluted EPS ($)||1.30||0.88||0.76||1.65|
Allegiant Travel has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)