Overview

* Allegiant Q2 adjusted EPS of $1.23 beats analyst expectations, per LSEG data

* Company's Q2 revenue rises 3.5% yr/yr, beating analyst expectations, per LSEG data

* Allegiant operated record 37,000 flights, achieving 99.9% controllable completion factor

Outlook

* Allegiant forecasts full-year 2025 capacity to be flat year-over-year

* Company expects Q3 2025 adjusted EPS between ($1.75) and ($2.75)

* Allegiant anticipates full-year 2025 adjusted EPS to exceed $2.25

* Company sees Q3 2025 fuel cost per gallon at $2.55

Result Drivers

* RECORD FLIGHTS - Allegiant operated 37,000 flights, the highest quarterly total in company history, per CEO Gregory Anderson

* COST CONTROLS - Improved margins attributed to higher productivity and strong cost controls

* ANCILLARY REVENUE - New pricing tools and product expansions increased ancillary revenue by $3 per passenger in the first half of 2025

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $689.40 $684.30

Revenue mln mln (10

Analysts

)

Q2 Beat $1.23 $0.76

Adjusted (12

EPS Analysts

)

Q2 EPS -$3.62

Q2 Net -$65.20

Income mln

Q2 -$67.50

Operatin mln

g Income

Q2 -$88.60

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the airlines peer group is "buy."

* Wall Street's median 12-month price target for Allegiant Travel Co ( ALGT ) is $56.00, about 14.1% above its August 1 closing price of $48.12

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)