Alaska Air Group, Inc.

ALK

US0116591092

Airlines

Real-time Estimate Cboe BZX Other stock markets 02:40:07 2024-05-01 pm EDT			5-day change	1st Jan Change
42.46 ^USD	-1.31%		-4.32%	+8.32%

Apr. 26	Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges	RE
Apr. 25	Southwest Airlines cuts jet delivery forecast from Boeing again	RE

Alaska Air Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

April 18, 2024 at 05:00 am EDT

Alaska Air Group, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 164 million compared to USD 154 million a year ago. Revenue was USD 2,232 million compared to USD 2,196 million a year ago.

Net loss was USD 132 million compared to USD 142 million a year ago. Basic loss per share from continuing operations was USD 1.05 compared to USD 1.11 a year ago. Diluted loss per share from continuing operations was USD 1.05 compared to USD 1.11 a year ago.

Latest news about Alaska Air Group, Inc.

Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges	Apr. 26	RE
Southwest Airlines cuts jet delivery forecast from Boeing again	Apr. 25	RE
US to decide by late May if Boeing violated prosecution deal, sources say	Apr. 24	RE
Buttigieg says Boeing must meet FAA quality plan before raising 737 MAX output	Apr. 24	RE
Boeing's First-Quarter Core Loss Surprisingly Narrows Amid Quality Over Production Focus	Apr. 24	MT
Victims' families to urge US prosecute Boeing over fatal crashes	Apr. 24	RE
Susquehanna Raises Price Target on Alaska Air to $42 From $40, Maintains Neutral Rating	Apr. 19	MT
BofA Securities Raises Alaska Air Group Price Target to $56 from $50	Apr. 19	MT
Business travel picks up, bolstering outlook for US airlines	Apr. 19	RE
News Highlights : Top Global Markets News of the Day - Thursday at 11 PM ET	Apr. 18	DJ
News Highlights : Top Global Markets News of the Day - Thursday at 9 PM ET	Apr. 18	DJ
News Highlights : Top Company News of the Day - Thursday at 5 PM ET	Apr. 18	DJ
News Highlights : Top Global Markets News of the Day - Thursday at 5 PM ET	Apr. 18	DJ
News Highlights : Top Company News of the Day - Thursday at 7 PM ET	Apr. 18	DJ
News Highlights : Top Global Markets News of the Day - Thursday at 7 PM ET	Apr. 18	DJ
Fed Officials' Remarks, Corporate Earnings Leave Equities Mixed	Apr. 18	MT
Fed Officials' Remarks, Corporate Earnings Leave Equities Mixed	Apr. 18	MT
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	Apr. 18	MT
News Highlights : Top Company News of the Day - Thursday at 3 PM ET	Apr. 18	DJ
Sector Update: Consumer Stocks Mixed Thursday Afternoon	Apr. 18	MT
Alaska Airlines CEO Minicucci Says Encouraged With The Quality Plan Boeing Is Putting In Place- CNBC Interview	Apr. 18	RE
News Highlights : Top Company News of the Day - Thursday at 1 PM ET	Apr. 18	DJ
Alaska Air First-Quarter Results Beat Street Views; Issues Upbeat Second-Quarter Earnings Outlook	Apr. 18	MT
Global markets live: DocMorris, Microsoft, Oracle, Micron, Netflix...	Apr. 18
Transcript : Alaska Air Group, Inc., Q1 2024 Earnings Call, Apr 18, 2024	Apr. 18

Chart Alaska Air Group, Inc.

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Company Profile

Alaska Air Group, Inc. is engaged in operating airlines. The Company operates two airlines, Alaska, and Horizon. It also includes McGee Air Services, an aviation services provider. It operates through three segments: Mainline, Regional and Horizon. The Mainline segment includes scheduled air transportation on Alaska's Boeing 737 (B737) aircraft for passengers and cargo throughout the United States, and in parts of Mexico, Costa Rica, Belize, the Bahamas, and Guatemala. The Regional segment includes Horizon's and other third-party carriers scheduled air transportation on Embraer E175 (E175) aircraft for passengers across a shorter distance network within the United States, Canada, and Mexico under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. With its regional partners, it flies to more than 120 destinations throughout North America. It provides its guests with global access to more than 900 destinations in 170 territories.

Sector

Airlines

Calendar

2024-05-09 - Annual General Meeting

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Ratings for Alaska Air Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

43.02 USD

Average target price

55.6 USD

Spread / Average Target

+29.24%

Consensus

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