Alaska Air: $147 million quarterly loss, adjusted earnings beat expectations
FROM THE WIRE · FINANCE.YAHOO.COM
SEATTLE (AP) — SEATTLE (AP) — Alaska Air Group Inc. (ALK) on Tuesday reported a third-quarter loss of $147 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Seattle-based company said it had a loss of $1.32. Earnings, adjusted for…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralAdjusted results beat estimates but the guidance implies a loss, so the impact on ALK is mixed.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Alaska Air reported a third-quarter loss of $147 million.
- 02Adjusted earnings were 36 cents per share, above the 35 cent estimate.
- 03For the current quarter the company expects a loss between $2.00 and $2.50 per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets