Positive. Allegiant Travel (ALGT) has potential to beat earnings estimates with strong history and positive outlook.

Allegiant Travel (ALGT) is a stock to watch for its potential to beat earnings estimates in its next quarterly report. The company has a history of surpassing estimates and has shown an average surprise of 61.24% in the last two quarters.

In the most recent quarter, Allegiant Travel exceeded expectations with earnings of $1.77 per share compared to the expected $0.84 per share. With estimates trending higher and a positive Earnings ESP of +12.10%, another earnings beat could be on the horizon for the company.

Zacks Investment Research has identified Allegiant Travel as a stock with the potential for significant gains. With a Zacks Rank #2 (Buy) and positive earnings outlook, the company is well-positioned for future success. The next earnings report is scheduled for October 30, 2024.

Zacks Investment Research has named Allegiant Travel (ALGT) as a stock to watch for potential earnings surprises. With a positive Earnings ESP and a strong Zacks Rank, the company could be on track for another beat. Check the Earnings ESP ahead of the quarterly release for increased success in stock trading.

Read more at Nasdaq: Will Allegiant Travel (ALGT) Beat Estimates Again in Its Next Earnings Report?