Allegiant Travel (ALGT) Tops Q4 EPS by 11c

Allegiant Travel (NASDAQ: ALGT) reported Q4 EPS of $1.83, $0.11 better than the analyst estimate of $1.72. Revenue for the quarter came in at $279 million versus the consensus estimate of $271.54 million.

"We are very proud to report our 48th consecutive profitable quarter," stated Maurice J. Gallagher, Jr., Chairman and CEO of Allegiant Travel Company. "Excluding the one-time charge related to the write down of our 757 fleet, full year operating margin increased again, for the third year in a row in spite of a number of operational challenges. Looking forward, we see better execution in 2015. Earlier this week, I'm pleased to announce, our Board of Directors approved a recurring $0.25 per share dividend to supplement our ongoing stock repurchase program. Allegiant's strong financial results and positive outlook reaffirms our commitment to reinvest in the business, grow our network and our people while returning value to our shareholders. I want to acknowledge all of the hard work from our Team Members this past year as we look forward to a successful 2015."

For earnings history and earnings-related data on Allegiant Travel (ALGT) click here.

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