NASDAQ$ALGT
Allegiant Travel Company · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Allegiant's financial performance demonstrated a strong recovery, with leisure demand returning to pre-pandemic levels and strategic investments positioning the company for future growth.
Allegiant Travel Company reported a GAAP fully diluted earnings per share of $5.49 for the second quarter of 2021. Total operating revenue was $472.4 million, a 254.3% increase compared to the same quarter in the previous year, but a 3.9% decrease compared to the second quarter of 2019. The company's strong liquidity position, with $1.2 billion in cash on hand, supports future growth initiatives, including fleet expansion and the launch of a new loyalty program.
- GAAP earnings per share were $5.49, and adjusted earnings per share were $3.46.
- Total operating revenue reached $472.4 million, demonstrating a significant recovery from the previous year.
- The company sustained yield strength throughout the quarter, with yield up 7.8% year over two-year on scheduled service capacity increases of 4.5%.
- Cash and investments totaled $1.2 billion, up from $728 million at the end of the previous quarter.
Headline financials
Revenue & EPS history
Allegiant · Revenue · Quarterly
$472M
Revenue by segment
Allegiant · $472M total across 3 segments · Q2 2021
- Passenger Revenue$444M+280.8%94.0%
- Third Party Products$23M+172.4%4.9%
- Fixed Fee Contracts$5.13M+58.6%1.1%
Forward guidance
The company expects capacity to increase nearly 20 percent, year over two-year, during the third quarter of 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.5%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+2.2%
Avg return
30 days after
45%
29 / 65 earnings
Positive
+18.9%
Q4 2022
Best reaction
-15.4%
Q2 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.6% | +5.9% | +21.0% | |
| Q4 2025 | -0.4% | +14.5% | -20.4% | |
| Q3 2025 | -2.1% | -7.0% | +21.7% | |
| Q1 2025 | +3.7% | +20.1% | +17.9% | |
| Q4 2024 | -15.3% | -10.9% | -38.7% | |
| Q3 2024 | +7.1% | +8.7% | +34.8% | |
| Q2 2024 | -9.2% | -23.4% | -23.4% | |
| Q1 2024 | -5.7% | -5.0% | -5.5% | |
| Q4 2023 | -0.8% | -0.6% | -5.5% | |
| Q3 2023 | -1.7% | -6.8% | +8.2% | |
| Q2 2023 | -5.3% | -9.1% | -26.8% | |
| Q1 2023 | +5.3% | +7.2% | +7.3% | |
| Q4 2022 | +18.9% | +12.4% | +21.3% | |
| Q3 2022 | -0.7% | +3.4% | +8.6% | |
| Q2 2022 | +1.6% | -1.5% | -15.4% | |
| Q1 2022 | -0.4% | -9.0% | -6.0% | |
| Q4 2021 | -3.1% | -4.3% | -13.2% | |
| Q3 2021 | -3.2% | -1.2% | -3.4% | |
| Q2 2021 | +2.0% | -1.9% | -0.6% | |
| Q1 2021 | -0.7% | -4.6% | -8.3% | |
| Q4 2020 | +16.9% | +13.1% | +30.0% | |
| Q3 2020 | +4.0% | -0.7% | +34.3% | |
| Q2 2020 | -3.1% | -3.2% | +15.6% | |
| Q1 2020 | +5.2% | +2.3% | +44.9% | |
| Q4 2019 | -0.6% | -2.9% | -20.6% | |
| Q3 2019 | +8.8% | +9.8% | +10.8% | |
| Q2 2019 | +2.9% | +3.0% | -4.7% | |
| Q1 2019 | +5.9% | +9.1% | +7.4% | |
| Q4 2018 | +4.0% | +11.2% | +5.0% | |
| Q3 2018 | -8.4% | -4.9% | +1.7% | |
| Q2 2018 | -15.4% | -10.8% | -3.0% | |
| Q1 2018 | +9.5% | +11.6% | +8.5% | |
| Q4 2017 | +4.6% | -0.6% | +3.1% | |
| Q3 2017 | +0.2% | -1.9% | -2.2% | |
| Q2 2017 | -8.7% | -10.5% | -17.5% | |
| Q1 2017 | -9.3% | -11.9% | -11.2% | |
| Q4 2016 | -0.3% | -6.2% | -1.4% | |
| Q3 2016 | -13.0% | -10.4% | +9.6% | |
| Q2 2016 | -4.9% | -9.0% | +1.1% | |
| Q1 2016 | -2.6% | — | — | |
| Q4 2015 | -5.8% | — | — | |
| Q3 2015 | -7.6% | — | — | |
| Q2 2015 | +2.2% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | -0.9% | — | — | |
| Q3 2014 | +0.7% | — | — | |
| Q2 2014 | -5.3% | — | — | |
| Q1 2014 | +0.7% | — | — | |
| Q4 2013 | -11.2% | — | — | |
| Q3 2013 | -1.5% | — | — | |
| Q2 2013 | -13.1% | — | — | |
| Q1 2013 | -2.4% | — | — | |
| Q3 2012 | +1.3% | — | — | |
| Q2 2012 | -3.0% | — | — | |
| Q1 2011 | +2.0% | — | — | |
| Q1 2012 | -1.2% | — | — | |
| Q4 2009 | +3.1% | — | — | |
| Q4 2011 | +3.1% | — | — | |
| Q4 2012 | +2.4% | — | — | |
| Q3 2010 | -3.4% | — | — | |
| Q3 2011 | -3.4% | — | — | |
| Q4 2010 | +4.8% | — | — | |
| Q2 2010 | +4.8% | — | — | |
| Q2 2011 | +4.8% | — | — | |
| Q1 2010 | +3.1% | — | — |
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