Earnings ·
Reports Q3 loss of $0.56 per share, reaffirms full-year adjusted EPS guidance above $6.00
ALGTAllegiant Travel Co
Allegiant Travel Company reported a third-quarter GAAP net loss of $15.2 million, or $0.56 per diluted share, compared to a $43.6 million loss in the prior year period. Adjusted diluted loss was $0.03 per share, significantly better than the $2.09 loss reported previously. Consolidated operating revenue increased 71.1% year-over-year to $961.6 million on a pro forma basis, driven by the inclusion of Sun Country Airlines acquired in May 2026 and strong commercial initiatives that lifted TRASM by 28.3%. Despite a 55.5% surge in fuel costs per gallon, adjusted operating margin expanded by 340 basis points to 3.1%. The company reaffirmed its full-year 2026 adjusted earnings per share guidance of greater than $6.00 and provided fourth-quarter guidance for an adjusted EPS between $1.00 and $1.50. Allegiant Travel Company is a leisure-focused integrated travel company operating Allegiant Air and Sun Country Airlines.