Core Insights - Alaska Air Group is expected to report a quarterly loss of 77 cents per share for the first quarter, an improvement from a loss of 92 cents per share a year ago [1] - The company projects quarterly revenue of $3.16 billion, up from $2.23 billion in the same quarter last year [1] Analyst Ratings - Barclays analyst Brandon Oglenski maintained an Overweight rating but reduced the price target from $80 to $62 [7] - Susquehanna analyst Christopher Stathoulopoulos kept a Positive rating while cutting the price target from $95 to $55 [7] - UBS analyst Thomas Wadewitz downgraded the stock from Buy to Neutral and lowered the price target from $75 to $54 [7] - Citigroup analyst Stephen Trent maintained a Buy rating and adjusted the price target from $83 to $81 [7] - JP Morgan analyst Jamie Baker maintained an Overweight rating and increased the price target from $85 to $89 [7] Stock Performance - Alaska Air Group shares increased by 2.9%, closing at $44.94 [3]

Core Viewpoint - Alaska Air Group, Inc. (ALK) is set to report its first-quarter 2025 results on April 23, with a history of exceeding earnings estimates, averaging a surprise of 33.08% over the last four quarters [1][2]. Q1 Expectations - The Zacks Consensus Estimate for Q1 2025 indicates a loss of 72 cents per share, which is wider than the previous loss estimate of 55 cents, but represents a 21.7% improvement from the same period last year [4]. - Revenue expectations for Q1 2025 are pegged at $3.19 billion, reflecting a year-over-year growth of 42.9% [4]. Earnings History - In the previous four quarters, ALK reported earnings of 0.97, 2.25, 2.55, and -0.92, with an average surprise of 33.08% [2]. Cost Factors - Labor costs are anticipated to rise significantly, with wages and benefits expected to increase by 64.9% compared to Q1 2024 [7]. - Conversely, lower fuel costs due to declining oil prices are likely to positively impact the bottom line, as fuel expenses are a major cost for airlines [8]. Market Sentiment - Economic uncertainties related to tariffs may have dampened domestic air travel demand, although international passenger revenues are expected to remain strong [6]. Earnings Prediction Model - Current analysis indicates that ALK does not have a strong likelihood of beating earnings estimates, with an Earnings ESP of -3.40% and a Zacks Rank of 3 (Hold) [9]. Recent Performance - In Q4 2024, ALK reported earnings per share of 97 cents, exceeding the Zacks Consensus Estimate of 47 cents, and showing over 100% year-over-year improvement [10]. - Operating revenues for Q4 2024 reached $3.53 billion, surpassing the consensus estimate of $3.51 billion, with a year-over-year increase of 38.4% [11].

In its upcoming report, Alaska Air Group (ALK) is predicted by Wall Street analysts to post quarterly loss of $0.72 per share, reflecting an increase of 21.7% compared to the same period last year. Revenues are forecasted to be $3.19 billion, representing a year-over-year increase of 42.9%.Over the last 30 days, there has been a downward revision of 13.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ini ...

Core Insights - Alaska Airlines is enhancing its inflight dining experience by continuing its partnership with acclaimed chef Brandon Jew, known for his Michelin-starred restaurant Mister Jiu's in San Francisco [2][3][4] - The airline is introducing a new plant-based meal option in collaboration with Evergreens™, aimed at providing a premium dining experience for all guests [9][10][11] Group 1: Partnership with Chef Brandon Jew - Alaska Airlines is expanding its First Class menu to include Chef Jew's dishes on additional routes, including flights from San Francisco to Boston, Washington D.C., and Orlando [4][6] - Chef Jew's new spring menu features culturally inspired dishes, such as Hong Kong French Toast and Tea-Smoked Soy Chicken, highlighting local ingredients [5][18] - The partnership aims to elevate inflight dining standards, with Alaska Airlines already receiving accolades for its culinary offerings [7] Group 2: Plant-Based Meal Introduction - Starting April 30, Alaska Airlines will offer a 100% plant-based and gluten-free dish called the Best Laid Plants grain bowl, featuring Chimichurri Tofu, avocado, and quinoa [9][10] - This new dish is designed to appeal to a wide range of tastes and is part of Alaska's commitment to providing diverse dining options [11] - The airline's pre-order program allows guests to choose from multiple chef-curated dishes, enhancing the overall dining experience [11]

Core Viewpoint - The market anticipates Alaska Air Group (ALK) to report a year-over-year increase in earnings driven by higher revenues for the quarter ending March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The earnings report is expected on April 23, 2025, with a consensus estimate of a quarterly loss of $0.72 per share, reflecting a year-over-year change of +21.7%. Revenues are projected to be $3.19 billion, up 42.9% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised down by 13.93% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -3.40%. This indicates a challenging environment for Alaska Air to beat the consensus EPS estimate [10][11]. Historical Performance - Alaska Air has a history of exceeding consensus EPS estimates, having beaten expectations in the last four quarters, including a significant surprise of +106.38% in the most recent quarter [12][13]. Conclusion - Despite a strong historical performance, Alaska Air does not currently appear to be a compelling candidate for an earnings beat, and investors should consider other factors before making investment decisions [16].

Alaska Air Group (ALK) shares ended the last trading session 22.6% higher at $50.27. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 23.6% loss over the past four weeks.The stock gained following President Donald Trump's announcement of a 90-day pause on most of the sweeping tariffs that were recently crushing stocks.This airline is expected to post quarterly loss of $0.69 per share in its upcoming report, which re ...

The latest trading session saw Alaska Air Group (ALK) ending at $43.87, denoting a -1.3% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.23%. At the same time, the Dow lost 0.91%, and the tech-heavy Nasdaq gained 0.1%.Shares of the airline have depreciated by 26.7% over the course of the past month, underperforming the Transportation sector's loss of 24.11% and the S&P 500's loss of 12.13%.Analysts and investors alike will be keeping a close eye on the performance of Ala ...

SEATTLE, April 7, 2025 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc., Hawaiian Airlines, Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2025 first quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, April 24, 2025. 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.The company will file its first-quarter res ...

A long-haul, widebody Airbus A330-200 aircraft will operate on the route. The Pacific Northwest will be linked to South Korea via this route as Alaska Air develops the Seattle hub into a new global gateway. The carrier aims to serve at least 12 nonstop international destinations with widebody aircraft from Seattle by 2030. Daily flights between Seattle and Tokyo Narita will commence on May 12. The company's Seattle hub is the largest airline hub on the West Coast, serving more than 100 nonstop destinations ...

Industry Veteran Eric Edge to Lead Brand Strategy and Marketing for Combined AirlineSEATTLE, March 18, 2025 /PRNewswire/ -- Alaska Airlines today announced the appointment of Eric Edge as Vice President of Brand & Marketing for both the Alaska Airlines and Hawaiian Airlines brands. In this role, Edge will oversee the marketing strategy that will deliver on the combined airline's long-term vision of connecting guests to the world with a remarkable travel experience rooted in safety, care and performance. ...