While the top- and bottom-line numbers for Alaska Air (ALK) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Alaska Air Group (ALK) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.30 per share a year ago.
CNBC's Phil LeBeau joins 'Fast Money' to talk Alaska Air earnings.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Strong air travel demand boosts ALK's prospects. The company's proactive initiatives toward enhanced global connectivity are encouraging.
ALK's top line in the fourth quarter of 2024 is expected to have been boosted by robust demand and improved global connectivity.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Alaska Air (ALK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Alaska Airlines Maps A Stronger Future
The latest move is expected to boost ALK's competitive position in the airline industry.
Alaska Air (ALK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Alaska Air Group (ALK) stood at $67.44, denoting a +1.46% change from the preceding trading day.