Allegiant Travel posts wider loss than expected in third quarter, misses revenue estimates By Investing.com
Update: 2025-11-04
Description
Allegiant Travel Company, known for leisure travel, reported a larger-than-expected loss in Q3, with an adjusted loss of $2.09 per share. Despite this, their shares remained steady. The airline maintained a high completion factor and set new records for flights and passengers. They also reduced operating costs and raised their full-year earnings per share guidance to over $4.35. The company promoted Robert Neal to president, who will continue as CFO.
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