Allegiant Travel: Q4 Earnings Snapshot
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Allegiant Travel Co. (ALGT) reported a Q4 loss of $2 million, with a loss of 13 cents per share. Adjusted earnings were 11 cents per share, beating Wall Street expectations. Revenue for the period was $611 million, exceeding forecasts. For the year, the company reported a profit of $117.6 million, with revenue of $2.51 billion. Allegiant Travel shares have dropped nearly 8% since the beginning of the year. In the last 12 months, shares have dropped 24%. The article was generated by Automated Insights using data from Zacks Investment Research.