LAS VEGAS (AP) _ Allegiant Travel Co. (ALGT) on Thursday reported third-quarter net income of $43.4 million.
On a per-share basis, the Las Vegas-based company said it had profit of $2.70.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.21 per share.
The travel services company posted revenue of $436.5 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $429.4 million.
Allegiant Travel expects full-year earnings to be $14.25 to $14.75 per share.
Allegiant Travel shares have climbed 54% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $154.38, an increase of 34% in the last 12 months.