18.04.2024 11:22:23 - dpa-AFX: Alaska Air Group Inc. Q1 Loss Decreases, beats estimates

WASHINGTON (dpa-AFX) - Alaska Air Group Inc. (ALK) revealed Loss for first
quarter that decreased from last year and beat the Street estimates.

The company's earnings came in at -$132 million, or -$1.05 per share. This
compares with -$142 million, or -$1.11 per share, in last year's first quarter.

Excluding items, Alaska Air Group Inc. reported adjusted earnings of -$116
million or -$0.92 per share for the period.

Analysts on average had expected the company to earn -$1.05 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 1.4% to $2.23 billion from $2.20
billion last year.

Alaska Air Group Inc. earnings at a glance (GAAP) :

-Earnings (Q1): -$132 Mln. vs. -$142 Mln. last year.
-EPS (Q1): -$1.05 vs. -$1.11 last year.
-Revenue (Q1): $2.23 Bln vs. $2.20 Bln last year.

-Guidance:
Next quarter EPS guidance: $2.20 to $2.40


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ALASKA AIR GRP INC. DL 1 869843 Frankfurt 40,060 09.05.24 08:00:47 +0,040 +0,10% 0,000 0,000 40,060 40,020

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH