Alaska Air (ALK) Q4 Earnings & Revenues Surpass Estimates
ALKAlaska Air(ALK) Zacks Investment Research·2024-01-26 01:01

Alaska Air Group, Inc. (ALK) reported fourth-quarter 2023 earnings per share (EPS) of 30 cents, which beat the Zacks Consensus Estimate of 18 cents but declined 67.4% year over year.Operating revenues of $2,553 million missed the Zacks Consensus Estimate of $2,548.1 million. The top line jumped 3% year over year, with passenger revenues accounting for 91.1% of the top line and increasing 3% owing to continued recovery in air-travel demand.Passenger revenues totaled $2,326 million in the reported quarter. On ...