Alaska Air Group Inc reports results for the quarter ended September 30 - Earnings Summary
Alaska Air Group Inc reports results for the quarter ended September 30 - Earnings Summary
Alaska Air Group Inc ALK.N reported a quarterly adjusted loss of 31 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.05. The mean expectation of seventeen analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 10 cents to 50 cents per share.
Revenue rose 14.4% to $4.31 billion from a year ago; analysts expected $4.31 billion.
Alaska Air Group Inc's reported EPS for the quarter was a loss of $1.32.
The company reported a quarterly loss of $147 million.
Alaska Air Group Inc shares had fallen by 12.2% this quarter and lost 32.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 69% in the last three months.
In the last 30 days, twelve 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," 1 "hold" and 1 "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 $50.00, about 31.3% above its last closing price of $34.36
This summary was machine generated from LSEG data October 21 at 12:03 a.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 |
Sep. 30 2026 | 0.28 | -0.31 | 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 |
Recent news on Alaska Air
See all newsAlaska Air Group Inc reports results for the quarter ended September 30 - Earnings Summary
Alaska Air Q3 swings to net loss on higher fuel costs
Brief: Alaska Air Q3 Adjusted EPS USD -0.31 Vs. Estimate USD 0.53
Alaska Air falls after forecasting wider-than-expected Q4 loss
Alaska Air forecasts bigger-than-expected fourth-quarter loss on soaring fuel costs