Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Alaska Air Group, Inc. (ALK) is an airline company which provides passenger and cargo air transportation services. The Zacks Consensus Estimate for its current year earnings has been revised 3.4% downward over the last 60 days.HF Sinclair Corporation (DINO) is an independent energy company. The Zacks Consensus Estimate for its current year earnings has been revised 28.1% downward over the last 60 days.Ironwood Pharmaceuticals, Inc. (I ...

Airline stocks have had a rough go of it in the earnings confessional this monthAirline stocks are always in focus as summer travel season picks up, even more so with earnings season in high gear. With this volatility in mind, how are some of the heavy hitters faring after their turn in the quarterly confessional?Delta Air Lines, Inc. (NYSE:DAL) stock is down 2.2% to trade at $44.80 at last glance, and has now shaved 16.8% off its May 13 three-year high of $53.86. The shares dropped 4% on July 11 after the ...

财务数据和关键指标变化 - 公司实现了创纪录的29亿美元收入,创历史新高,其中近10亿美元来自高端客舱 [11] - 公司的15.8%调整后税前利润率可能领先整个行业,突出了公司的盈利能力 [11] - 公司在第二季度和夏季旺季期间实现行业领先利润的能力是无与伦比的 [12] - 公司的单位成本结果在行业中表现最佳,同比下降近2% [15] 各条业务线数据和关键指标变化 - 头等舱和高级经济舱收入同比分别增长8%和6%,继续领先于经济舱收入增长 [32][33] - 头等舱载客率为71%,同比上升4个百分点,票价持平 [33] - 公司忠诚度计划的银行现金报酬达4.3亿美元 [35] - 公司的全球合作伙伴销售平台现已覆盖23家航空公司,其中包括长期合作伙伴英国航空 [37][38] 各个市场数据和关键指标变化 - 湾区市场的商务旅行收入仅恢复到2019年水平的80% [99] - 公司将继续谨慎管理湾区和洛杉矶等市场的容量,以匹配需求 [101][102] 公司战略和发展方向及行业竞争 - 公司正在投资提升头等舱和高级经济舱的座位数,以满足客户需求和多元化收入来源 [23][24] - 公司计划在2026年中期前完成头等舱和高级经济舱座位的扩容计划 [34] - 公司正在不断加强忠诚度计划的价值,推出新的积分获取方式,吸引新一代会员 [35][36] - 公司正在投资改善客户体验,包括在旧金山和波特兰新建航站楼和贵宾室 [39][40][41][42] - 公司正在积极应对行业劳动力成本的大幅上升,与机组人员达成历史性的新协议 [13][14] 管理层对经营环境和未来前景的评论 - 公司预计第三季度的单位收益将保持持平至小幅正增长 [49] - 公司认为第三季度的预订情况良好,8月和9月的载客率有望超过去年 [48] - 公司预计第三季度的单位成本将上升高个位数,主要受到较低的容量增长、劳动力成本上升等因素影响 [60][61][62][63][64][65] - 公司预计全年每股收益将下调0.25美元,主要受到新的机组人员协议和较温和的国内需求环境的影响 [69] - 公司仍有信心在今年和未来几年保持行业最高利润水平之一 [70][71] 其他重要信息 - 公司正在积极推进收购夏威夷航空的交易,正在与司法部保持密切沟通 [16] - 公司在2023年DOT数据中创下了行业最低的客户投诉率,同比2020年有75%的改善 [20] 问答环节重要的提问和回答 问题1 **Jamie Baker 提问** 询问公司与司法部的谈判进展情况 [73] **Ben Minicucci 回答** 公司已完成与司法部的所有文件和讨论,正在等待司法部的最终决定 [74] 问题2 **Duane Pfennigwerth 提问** 询问公司市场的竞争容量情况 [78][79] **Andrew Harrison 回答** 公司核心枢纽市场的竞争容量增长已大幅放缓,预计9月和10月将保持基本持平 [78][149] 问题3 **Scott Group 提问** 询问公司第三季度成本上升的具体原因 [81][82][83][84][85] **Shane Tackett 回答** 主要受到较低的容量增长、劳动力成本上升以及一些时间性因素的影响,但公司长期目标仍是保持成本优势 [82][83][84][135]

Alaska Air Group, Inc. (ALK) reported second-quarter 2024 earnings per share (EPS) of $2.55, which outpaced the Zacks Consensus Estimate of $2.36. Earnings decreased 15% on a year-over-year basis.Operating revenues of $2.89 billion missed the Zacks Consensus Estimate of $2.94 billion. The top line jumped 2% year over year, with passenger revenues accounting for 91.5% of the top line and increasing 2% owing to continued recovery in air-travel demand.Passenger revenues totaled $2.651 billion in the reported q ...

业绩总结 - Air Group在2024年第二季度实现了创纪录的季度收入，达到29亿美元，其中大约46%来自主舱以外的多样化收入流，其中33%来自高端客舱[4] - 调整前税前利润率为15.8%，Air Group预计将在本季度领先于行业，进一步支持与国内同行的差异化结果[5] - 公司各部门的成本管理保持强劲，2024年第二季度单位成本下降了1.9%。到6月底，Air Group与AFA代表的空乘人员达成了创纪录的暂定协议，包括薪酬增加约32%[6] - 2024年第二季度经济燃料成本每加仑平均为2.84美元，较2024年第一季度显著下降，主要受西海岸炼油利润率降低的影响[7] - Air Group继续保持行业内最强劲的资产负债表，截至2024年第二季度，债务占资本比为45%，调整后净债务/EBITDAR比为1.0倍[8]

For the quarter ended June 2024, Alaska Air Group (ALK) reported revenue of $2.9 billion, up 2.1% over the same period last year. EPS came in at $2.55, compared to $3.00 in the year-ago quarter.The reported revenue represents a surprise of -1.93% over the Zacks Consensus Estimate of $2.95 billion. With the consensus EPS estimate being $2.36, the EPS surprise was +8.05%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

文章核心观点 - Alaska Air集团公司发布了2024年第二季度的财报,每股收益为2.55美元,超出了市场预期的2.36美元[1] - 公司营收为29亿美元,略低于市场预期[3] - 公司股价今年以来涨幅落后于标普500指数[4] 公司表现总结 - 公司本季度每股收益2.55美元,同比下降15%[1] - 公司营收29亿美元,同比增长2.1%[3] - 公司连续三个季度超出市场每股收益预期[2] 行业表现总结 - 航空运输行业目前在250多个Zacks行业中排名前41%[10] - 排名前50%的行业相比后50%的行业业绩表现要好一倍以上[10] - 另一家同行GE航空公司预计本季度每股收益为0.98美元,同比增长44.1%,营收预计为83.8亿美元,同比下降47.2%[12]

Expected to lead the industry with adjusted pretax margin of 15.8%Achieved a completion rate of 99.5%, among the highest in the industryReached tentative agreement with Alaska flight attendants represented by AFASEATTLE, July 17, 2024 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for the second quarter ending June 30, 2024, and provided outlook for the third quarter ending September 30, 2024 and full year 2024."It's clear that premium airlines are rising above the rest of the ...

This expansion will add 1.3 million premium seats annually to our mainline fleet, providing guests with even more opportunities to upgrade to a premium experienceSEATTLE, July 17, 2024 /PRNewswire/ -- At Alaska Airlines, we're always looking for new ways to make your travel experience even better. We believe in giving you choices that fit your needs, whether you're all about the comfort and perks of Premium and First Class, or you appreciate the value and flexibility of our Main Cabin and Saver Fare options ...

Exhibit 99.1 July 17, 2024 Media contact: Investor/analyst contact: Media Relations Ryan St. John (206) 304-0008 VP Finance, Planning and Investor Relations ALKInvestorRelations@alaskaair.com Alaska Air Group reports second quarter 2024 results Expected to lead the industry with adjusted pretax margin of 15.8% Achieved a completion rate of 99.5%, among the highest in the industry Reached tentative agreement with Alaska flight attendants represented by AFA SEATTLE — Alaska Air Group (NYSE: ALK) today reporte ...