Allegiant Travel

-6.21 (-4.36%)
Earnings Announcements

Allegiant Reports September 2020 Traffic

Published: 10/08/2020 13:22 GMT
Allegiant Travel Co (ALGT) - Allegiant Reports September 2020 Traffic.
Allegiant Travel Co - Average Daily Cash Burn Came in at Roughly $1.3 Million for Q3.
Allegiant Travel Co - Gross Bookings for Quarter Averaged More Than $2.0 Million per Day.
Allegiant Travel Co - During Q3, Paid About $15 Million to Sixth Street Partners in Conjunction With Termination of Sunseeker Loan Agreement.
Allegiant Travel - Continue to Expect Q4 Daily Cash Burn to Be Well Below $1 Million on Assumption of Average Daily Gross Bookings of More Than $2.0 Million.
Allegiant Travel Co - Completed Quarter With Capacity Down 6.5% Year Over Year & Load Factor of Just Below 50%.
Allegiant Travel Co - Saw Some Strength Towards Back Half of Quarter, As Evidenced by September's Load Factor of 57.4%.
Revenue is expected to be $185.63 Million
Adjusted EPS is expected to be -$4.81

Next Quarter Revenue Guidance is expected to be $245.27 Million
Next Quarter EPS Guidance is expected to be -$2.67

More details on our Analysts Page.