NYSE - Nasdaq Real Time Price USD

Alaska Air Group, Inc. (ALK)

45.01

+0.57

(+1.28%)

At close: April 19 at 4:00 PM EDT

44.70

-0.31

(-0.69%)

After hours: April 19 at 7:58 PM EDT

Alaska Air Group, Inc. (NYSE:ALK) Q1 2024 Earnings Call Transcript

Alaska Air Group, Inc. (NYSE:ALK) Q1 2024 Earnings Call Transcript April 18, 2024 Alaska Air Group, Inc. beats earnings expectations. Reported EPS is $-1.04787, expectations were $-1.09. ALK isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and […]

Insider Monkey 11 hours ago

BA

ALK
+1.28%
Company News for Apr 19, 2024

Companies In The Article Are:META,NOK,ALLY and ALK

Zacks 11 hours ago

NOKIA.HE

ALK
+1.28%
ALLY
Airline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks View

United Airlines' (UAL) Q1 results benefit from strong air travel demand. Allegiant Travel's (ALGT) flight attendants become eligible for a huge pay raise.

Zacks 12 hours ago

UAL
-0.08%
ALGT
+0.87%
ALK
+1.28%
Q1 2024 Alaska Air Group Inc Earnings Call

Q1 2024 Alaska Air Group Inc Earnings Call

Thomson Reuters StreetEvents 18 hours ago

ALK
+1.28%
BA
Business travel picks up, bolstering outlook for US airlines

U.S. airlines have enjoyed a travel boom for the past three years, but until this past quarter, big-spending corporate travelers had been largely missing. The U.S. airlines that have so far released results - including Delta, United and Alaska Air - all reported a sharp rebound in flying for business purposes. On Thursday, Alaska Air said increased spending by technology companies like Amazon.com and Microsoft in the March quarter increased revenue from corporate travel to pre-pandemic levels.

Reuters 20 hours ago

ALK
+1.28%
Alaska Air Group (ALK) Q1 2024 Earnings Call Transcript

ALK earnings call for the period ending March 31, 2024.

Motley Fool yesterday

ALK
+1.28%
BA
Alaska Air Is Moving Past Its Boeing Problems. The Stock Rises After Earnings Report.

Alaska Air start to the year has been far from smooth but the turbulence may be easing. Alaska reported Thursday a first-quarter per-share loss of 92 cents. It was always going to be a difficult quarter after a door panel blew off an Alaska Airlines Boeing 737 MAX 9 plane midflight in early January.

Barrons.com yesterday

ALK
+1.28%
BA
Alaska Air Group Stock Sees Relative Strength Rating Fly Higher

A Relative Strength Rating upgrade for Alaska Air Group shows improving technical performance. Will it continue?

Investor's Business Daily yesterday

ALK
+1.28%
Alaska Air (ALK) Incurs Q1 Loss, Tops Revenue Estimates

Alaska Air's (ALK) first-quarter 2024 revenues benefit from contributions from passenger revenues.

Zacks yesterday

ALK
+1.28%
Alaska Air Gets $162M In Initial Compensation From Boeing For January Incident, Issues Robust Q2 Outlook

Alaska Air Group, Inc (NYSE:ALK) reported first-quarter 2024 total operating revenue growth of 2% year-over-year to $2.232 billion, beating the consensus of $2.19 billion. Adjusted EPS stood at $(0.92), down from $(0.62) a year ago, beating the consensus of $(1.05). The airline stated that its first quarter operation and results were significantly impacted by Flight 1282 in January and the Boeing 737-9 MAX grounding, which extended into February. Alaska Air received $162 million in initial cash

Benzinga yesterday

ALK
+1.28%
BA
Alaska Air Group posts Q1 beat coming off of Boeing incident

Shares of Alaska Air Group (ALK) are trading higher in Thursday's pre-market session — carrying gains into the market open — after the company reported first-quarter earnings that beat analyst expectations and raised its full-year profit forecast. The better-than-expected results come despite challenges the airline faced earlier in the year, including safety incidents involving Boeing's (BA) 737 Max aircraft in January. Yahoo Finance's Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video yesterday

BA

ALK
+1.28%
Boeing Blowout Pushes Alaska Air to a Loss

The midair blowout of a door plug and the subsequent grounding of the Boeing 737 MAX 9 pushed Alaska Air to a loss in the first quarter. On an adjusted basis, its 92 cent per share loss was less than the $1.05 loss analysts expected. Alaska said it would have posted a $5 million adjusted pre-tax profit if it hadn’t had to deal with the repercussions of the door plug incident.

The Wall Street Journal yesterday

ALK
+1.28%
Alaska Air (ALK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Alaska Air (ALK) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks yesterday

ALK
+1.28%
Alaska Air Group (ALK) Reports Q1 Loss, Tops Revenue Estimates

Alaska Air (ALK) delivered earnings and revenue surprises of 15.60% and 2.42%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks yesterday

ALK
+1.28%
LUV
+1.10%
UPDATE 1-Alaska Air forecasts strong profit as travel demand booms

Alaska Air Group forecast current-quarter profit above estimates on Thursday, driven by expectations of a strong summer season as travel demand soars. The airline, the operator of the Boeing plane that suffered a mid-air cabin blowout in January, also reported a smaller loss in the first quarter, despite a $162 million impact from the more-than-two-week grounding of its 737 MAX 9 aircraft. In an interview with Reuters on Thursday, CFO Shane Tackett said Alaska has deployed more of its inspectors at Boeing's factories since the January incident to ensure the jetmaker produces the highest quality aircraft that it can confidently fly safely.

Reuters yesterday

ALK
+1.28%
BA
Alaska Air forecasts strong profit on rebound in business travel

(Reuters) -Alaska Air Group on Thursday forecast stronger-than-expected earnings in the current quarter on the back of a pickup in business travel demand, sending its shares higher. The airline, the operator of the Boeing plane that suffered a mid-air cabin blowout in January, also reported a smaller loss in the first quarter, despite a $162 million impact from the more-than-two-week grounding of its 737 MAX 9 aircraft. Alaska's shares were up about 5% at $44.95 in morning trade.

Reuters yesterday

ALK
+1.28%
BA
Alaska Air forecasts second-quarter profit above estimates on strong travel demand

Alaska Air Group forecast a better-than-expected profit for the current quarter on Thursday, driven by strong travel demand and expectations for a strong summer season. The airline, the operator of the Boeing plane that suffered a mid-air cabin blowout in January, also reported a smaller loss in the first quarter, despite a $162 million impact from the more-than-two-week grounding of its 737 MAX 9 aircraft. The Seattle, Washington-based airline would have reported an adjusted profit of about $5 million for the quarter, absent the groundings of its MAX 9 jets.

Reuters yesterday

ALK
+1.28%
BA
Alaska Air prioritizes quality, safety of Boeing products over production rate

Alaska Air Group is not concerned about the production rate of Boeing's 737 MAX planes as it is more focused on the quality and safety of the planemaker's jets, a top company executive said on Thursday. In an interview, Chief Financial Officer Shane Tackett said Alaska has deployed more of its inspectors at Boeing's factories since the incident to ensure the jetmaker produces the highest quality aircraft that it can confidently fly safely. "We are prioritizing quality and safety first," Tackett told Reuters.

Reuters yesterday

BA

ALK
+1.28%
Alaska Air Group reports first quarter 2024 results

Alaska Air Group (NYSE: ALK) today reported financial results for the first quarter ending March 31, 2024, and provided outlook for the second quarter ending June 30, 2024.

PR Newswire yesterday

ALK
+1.28%
Boeing Stock Slips After Safety Hearings. 3 Things to Know.

The company’s manufacturing and safety culture was the subject of Congressional testimony on Wednesday.

Barrons.com 2 days ago

BA

ALK
+1.28%

Performance Overview

Return	ALK	S&P 500
YTD	+15.20%	+4.14%
1-Year	+5.78%	+19.55%
3-Year	-35.08%	+18.68%

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Alaska Air Group, Inc. (ALK)

Alaska Air Group, Inc. (NYSE:ALK) Q1 2024 Earnings Call Transcript

Company News for Apr 19, 2024

Airline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks View

Q1 2024 Alaska Air Group Inc Earnings Call

Business travel picks up, bolstering outlook for US airlines

Alaska Air Group (ALK) Q1 2024 Earnings Call Transcript

Alaska Air Is Moving Past Its Boeing Problems. The Stock Rises After Earnings Report.

Alaska Air Group Stock Sees Relative Strength Rating Fly Higher

Alaska Air (ALK) Incurs Q1 Loss, Tops Revenue Estimates

Alaska Air Gets $162M In Initial Compensation From Boeing For January Incident, Issues Robust Q2 Outlook

Alaska Air Group posts Q1 beat coming off of Boeing incident

Boeing Blowout Pushes Alaska Air to a Loss

Alaska Air (ALK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Alaska Air Group (ALK) Reports Q1 Loss, Tops Revenue Estimates

UPDATE 1-Alaska Air forecasts strong profit as travel demand booms

Alaska Air forecasts strong profit on rebound in business travel

Alaska Air forecasts second-quarter profit above estimates on strong travel demand

Alaska Air prioritizes quality, safety of Boeing products over production rate

Alaska Air Group reports first quarter 2024 results

Boeing Stock Slips After Safety Hearings. 3 Things to Know.

Performance Overview