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.

Analyst Trends:

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.

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Earnings Trends:

Here’s how Allegiant Travel has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)

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