Alaska Air Group Earnings Come In Better Than Feared

Three months ago, West Coast airline operator Alaska Air Group (NYSE: ALK) released a weak fourth-quarter earnings report and a dreadful forecast for 2018. Indeed, Alaska Air's first-quarter guidance implied that the company would be lucky to break even, after having achieved a double-digit adjusted pre-tax margin in Q1 2017.Fortunately, Alaska Air Group managed to outperform its initial expectations last quarter.

BING NEWS:
  • Alaska Air Group (ALK) Declines More Than Market: Some Information for Investors
    Alaska Air Group (ALK) closed the latest trading day at $45.54, indicating a -0.15% change from the previous session's end. This change lagged the S&P 500's 0.03% loss on the day. Elsewhere, the Dow ...
    10/25/2024 - 11:00 am | View Link
  • Alaska Air Group Inc.
    The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
    10/24/2024 - 1:00 pm | View Link
  • Alaska Air options imply 1.9% move in share price post-earnings
    Pre-earnings options volume in Alaska Air (ALK) is normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a ...
    10/24/2024 - 10:53 am | View Link
  • American Air Boosts Profit Outlook as Sales Pivot Bears Fruit
    American Airlines Group Inc. said full-year profit should top analyst expectations, a sign the company’s pivot from a failed sales strategy is gaining traction.
    10/24/2024 - 12:11 am | View Link
  • A Look Ahead: Southwest Airlines's Earnings Forecast
    Analysts have provided Southwest Airlines with 10 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $29.07, suggesting a potential 4.66% downside.
    10/23/2024 - 3:01 am | View Link
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