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Allegiant Travel reports Q1 adjusted EPS $1.81, consensus $1.55

Reports Q1 revenue $699.1M, consensus $694.95M. “Team Allegiant executed a successful first quarter, delivering an airline-only operating margin of 9.3 percent, a three-point improvement from last year and among the best in the industry,” stated Gregory Anderson, president and CEO of Allegiant Travel (ALGT) Company. “These financial results were underscored by our excellent operations, as the team achieved a 99.9 percent controllable completion during the quarter on 14.2 percent capacity growth.

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