Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Alaska Air stock (NYSE: ALK) currently trades around $40 per share, roughly 45% below its pre-inflation shock highs of around $74 seen in April 2021. ALK has fared slightly better than its peer – Southwest Airlines stock (NYSE: LUV) – down 52% over this period.
ALK raises its third-quarter 2024 adjusted earnings per share guidance to the range of $2.15-$2.25 from the previously guided range of $1.40 to $1.60.
The latest trading day saw Alaska Air Group (ALK) settling at $39.80, representing no change from its previous close.
With Alaska Air shares moving south, we assess the current positioning of the stock to determine if it's a good investment at this juncture.
In the latest trading session, Alaska Air Group (ALK) closed at $35.28, marking a -1.23% move from the previous day.
Alaska Air Group Inc (NYSE:ALK) and Hawaiian Holdings, Inc. (NASDAQ:HA) are moving in different directions this morning after their ongoing acquisition talks cleared the U.S. Justice Department.
Alaska Air (ALK) reported earnings 30 days ago. What's next for the stock?
Alaska Air Group Inc. ALK stock just hit a technical milestone that no investor wants to see: a Death Cross.
Given the bright prospects associated with a blended-wing body, the decision of Alaska Airlines, the subsidiary of Alaska Air (ALK), to invest in JetZero is highly prudent.
Alaska Airlines and its flight attendants union had reached a tentative agreement in June. The flight attendants union and the company will have to resume negotiations.
Given the bright prospects associated with artificial intelligence, the decision of Alaska Airlines, the subsidiary of Alaska Air Group (ALK), to renew its partnership with Air Space Intelligence is highly prudent.