Alaska Air Group (ALK) Reports Q1 Loss, Lags Revenue Estimates

Core Viewpoint - Alaska Air Group reported a quarterly loss of $0.77 per share, which was worse than the Zacks Consensus Estimate of a loss of$ 0.72, but an improvement from a loss of $0.92 per share a year ago [1][2] Financial Performance - The company posted revenues of$ 3.14 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.80%, compared to revenues of $2.23 billion a year ago [2] - Over the last four quarters, Alaska Air has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Alaska Air shares have declined approximately 30.6% since the beginning of the year, while the S&P 500 has decreased by 10.1% [3] - The current Zacks Rank for Alaska Air is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 2.52 on revenues of $3.77 billion, and for the current fiscal year, it is$ 5.19 on revenues of $14.51 billion [7] - The trend of estimate revisions for Alaska Air is mixed, which could change following the recent earnings report [6] Industry Context - The Transportation - Airline industry is currently in the bottom 38% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]