Alaska Air(ALK)

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Alaska Air (ALK) Q2 Earnings Top Estimates, Revenues Lag
ZACKS· 2024-07-18 18:36
Alaska Air Group, Inc. (ALK) reported second-quarter 2024 earnings per share (EPS) of $2.55, which outpaced the Zacks Consensus Estimate of $2.36. Earnings decreased 15% on a year-over-year basis.Operating revenues of $2.89 billion missed the Zacks Consensus Estimate of $2.94 billion. The top line jumped 2% year over year, with passenger revenues accounting for 91.5% of the top line and increasing 2% owing to continued recovery in air-travel demand.Passenger revenues totaled $2.651 billion in the reported q ...
Alaska Air(ALK) - 2024 Q2 - Earnings Call Presentation
2024-07-18 15:51
ALASKA AR GROUP 02 2024 Earnings Alaska U Safe Harbor This presentation may contain forward-looking statements subject to the safe harbor protection provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. These statements relate to future events and involve known and unknown risks and uncertainties that may cause actual outcomes to be materially different from those indicated by our forward-locking s ...
Alaska Air (ALK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-07-18 02:32
For the quarter ended June 2024, Alaska Air Group (ALK) reported revenue of $2.9 billion, up 2.1% over the same period last year. EPS came in at $2.55, compared to $3.00 in the year-ago quarter.The reported revenue represents a surprise of -1.93% over the Zacks Consensus Estimate of $2.95 billion. With the consensus EPS estimate being $2.36, the EPS surprise was +8.05%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...
Alaska Air Group (ALK) Q2 Earnings Top Estimates
ZACKS· 2024-07-18 01:56
Alaska Air Group (ALK) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.05%. A quarter ago, it was expected that this airline would post a loss of $1.09 per share when it actually produced a loss of $0.92, delivering a surprise of 15.60%.Over the last four quarters, the company has surp ...
Alaska Air Group reports second quarter 2024 results
Prnewswire· 2024-07-17 23:11
Expected to lead the industry with adjusted pretax margin of 15.8%Achieved a completion rate of 99.5%, among the highest in the industryReached tentative agreement with Alaska flight attendants represented by AFASEATTLE, July 17, 2024 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for the second quarter ending June 30, 2024, and provided outlook for the third quarter ending September 30, 2024 and full year 2024."It's clear that premium airlines are rising above the rest of the ...
Alaska Airlines announces major expansion of First Class and Premium seating
Prnewswire· 2024-07-17 21:54
This expansion will add 1.3 million premium seats annually to our mainline fleet, providing guests with even more opportunities to upgrade to a premium experienceSEATTLE, July 17, 2024 /PRNewswire/ -- At Alaska Airlines, we're always looking for new ways to make your travel experience even better. We believe in giving you choices that fit your needs, whether you're all about the comfort and perks of Premium and First Class, or you appreciate the value and flexibility of our Main Cabin and Saver Fare options ...
Alaska Air(ALK) - 2024 Q2 - Quarterly Results
2024-07-17 21:15
Exhibit 99.1 July 17, 2024 Media contact: Investor/analyst contact: Media Relations Ryan St. John (206) 304-0008 VP Finance, Planning and Investor Relations ALKInvestorRelations@alaskaair.com Alaska Air Group reports second quarter 2024 results Expected to lead the industry with adjusted pretax margin of 15.8% Achieved a completion rate of 99.5%, among the highest in the industry Reached tentative agreement with Alaska flight attendants represented by AFA SEATTLE — Alaska Air Group (NYSE: ALK) today reporte ...
Is a Beat in Store for Alaska Air (ALK) in Q2 Earnings?
ZACKS· 2024-07-12 17:16
Alaska Air Group, Inc. (ALK) ) is scheduled to report second-quarter 2024 results on Jul 18, before market open.The company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the preceding four quarters (missed once), the average beat being 22.68%.Let’s see how things have shaped up for Alaska Air this earnings season.Q2 ExpectationsThe Zacks Consensus Estimate for Alaska Air’s second-quarter 2024 revenues is pegged at $2.96 billion, indicating 4.37% growt ...
Alaska Air Group announces webcast of second-quarter 2024 financial results
Prnewswire· 2024-07-11 16:12
SEATTLE, July 11, 2024 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 second quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, July 18, 2024. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning.About Alaska Airlines Alaska Airlines and our regional partners serv ...
Alaska Airlines expands winter travel options with 18 exciting new sun and ski routes
Prnewswire· 2024-07-10 12:00
This expansion offers our guests warm-weather escapes and a range of dream winter getaways, including our first-ever service to Vail, Colorado SEATTLE, July 10, 2024 /PRNewswire/ -- Alaska Airlines is reinforcing its commitment to enhancing the travel experience this winter with 18 new nonstop routes to sun-soaked international destinations and winter wonderland retreats that will offer our guests a blend of adventure and relaxation. Tickets are available starting the evening of July 10 on alaskaair.com. ...