Alaska Air: Q3 Earnings Snapshot
By AP News
Published - Oct 31, 2024, 09:03 AM ET
Last Updated - Dec 16, 2024, 05:47 PM EST
SEATTLE (AP) — SEATTLE (AP) — Alaska Air Group Inc. (ALK) on Thursday reported third-quarter profit of $236 million.
The Seattle-based company said it had profit of $1.84 per share. Earnings, adjusted for non-recurring costs, came to $2.25 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.20 per share.
The airline posted revenue of $3.07 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $2.99 billion.
