Alaska Air Group Inc reports results for the quarter ended June 30 - Earnings Summary
Alaska Air Group Inc reports results for the quarter ended June 30 - Earnings Summary
Alaska Air Group Inc ALK.N reported a quarterly adjusted loss of 92 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.78. The mean expectation of seventeen analysts for the quarter was for a loss of 99 cents per share. Wall Street expected results to range from $-1.27 to -58 cents per share.
Revenue rose 9.7% to $4.07 billion from a year ago; analysts expected $4.09 billion.
Alaska Air Group Inc's reported EPS for the quarter was a loss of 68 cents.
The company reported a quarterly loss of $76 million.
Alaska Air Group Inc shares had fallen by 11.8% this quarter and lost 8.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 67.4% in the last three months.
In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," no "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the airlines peer group is also "buy"
Wall Street's median 12-month price target for Alaska Air Group Inc is $63.75, about 28.7% above its last closing price of $45.46
This summary was machine generated from LSEG data July 21 at 09:44 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.99 | -0.92 | Beat |
Mar. 31 2026 | -1.35 | -1.68 | Missed |
Dec. 31 2025 | 0.12 | 0.43 | Beat |
Sep. 30 2025 | 1.13 | 1.05 | Missed |
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See all newsAlaska Air Group Inc reports results for the quarter ended September 30 - Earnings Summary
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