Allegiant Travel Company Reports Fourth Quarter
#1
Allegiant Reports Fourth Quarter Profit 28.7M 23.4% margin
Sorry for the format...
FOURTH QUARTER EPS INCREASE 283%, OPERATING MARGIN EXCEEDS 23%
2008 LF 89.7%
-----------------4Q08-- 4Q07-- Change --2008 --2007-- Change
Total operating revenue (millions)
-----------------$122.4-- $101.0 --21.3 %--- $504.0--- $360.6-- 39.8 %
Operating income (millions)
------------------$28.7-- $6.1----- 373.6% ---$55.8---- $44.1-- 26.8 %
Operating margin
________ 23.4%--6.0%---17.4pp--11.1%--12.2%-- -1.1pp
Net income (millions)
________ $18.2-- $4.8-- 281.5 %-- $35.4-- $31.5-- 12.4 %
Diluted earnings per share
_________$0.88--$0.23--282.6 %--$1.73--$1.53-- 13.1 %
Link below for those that want to read the entire thing
Allegiant Travel Company - Allegiant Travel Company Reports Fourth Quarter and Full Year 2008 Financial Results, Announces $25 Million Share Repurchase Program
FOURTH QUARTER EPS INCREASE 283%, OPERATING MARGIN EXCEEDS 23%
2008 LF 89.7%
-----------------4Q08-- 4Q07-- Change --2008 --2007-- Change
Total operating revenue (millions)
-----------------$122.4-- $101.0 --21.3 %--- $504.0--- $360.6-- 39.8 %
Operating income (millions)
------------------$28.7-- $6.1----- 373.6% ---$55.8---- $44.1-- 26.8 %
Operating margin
________ 23.4%--6.0%---17.4pp--11.1%--12.2%-- -1.1pp
Net income (millions)
________ $18.2-- $4.8-- 281.5 %-- $35.4-- $31.5-- 12.4 %
Diluted earnings per share
_________$0.88--$0.23--282.6 %--$1.73--$1.53-- 13.1 %
Link below for those that want to read the entire thing
Allegiant Travel Company - Allegiant Travel Company Reports Fourth Quarter and Full Year 2008 Financial Results, Announces $25 Million Share Repurchase Program
Last edited by pipercub; 01-26-2009 at 05:37 PM.
#2
Very impressive...I've been following their stock trading at almost 40 times earnings and could not figure it out. Maybe all the Airline Mgnt that cry about "high fuel prices" should ask themselves how one of the last gas guzzling airplanes (passenger) can make it work in this market
#3
Gets Weekends Off
Joined APC: Jul 2008
Posts: 854
Other airlines have very high fixed costs on their newer airplanes so they have to keep them moving even when they can't fill them. They lose money but they lose less by flying them with lighter loads, and/or lower fares to fill the seats, than they would if they parked them.
Thread
Thread Starter
Forum
Replies
Last Post