Earnings Preview: Allegiant Travel
Portfolio Pulse from Benzinga Insights
Allegiant Travel (NASDAQ:ALGT) is set to release its quarterly earnings report on November 2, 2023. Analysts estimate an earnings per share (EPS) of $0.08. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $66.62 as of October 31, with a 52-week return of -11.7%.
November 01, 2023 | 3:02 pm
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Allegiant Travel's upcoming earnings report could impact its stock price. Past performance shows a trend of share price drops following earnings beats. The stock has a negative 52-week return.
Allegiant Travel's stock price has historically dropped following earnings beats. With an upcoming earnings report and an estimated EPS of $0.08, there could be a similar impact on the stock price. The negative 52-week return also indicates a bearish trend for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100