Allegiant Travel shares rise following 1Q results

Tags :North America, Allegiant Air


(XFN Asia) Shares of Allegiant Travel Co rose after the company reported its first-quarter results. The company reported net income of USD9.7 million, with revenue rising 58% to USD133.1 million. Shares of Allegiant rose 18% to USD24.52 on 29-Apr-08.

 

Meanwhile, analysts at Avondale Partners forecast USD125.5 million in revenue for the company's quarter, while Raymond James forecast USD122.1 million.


Date posted: 30-Apr-08

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