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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Alaska Air Group

Alaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional and Horizon. The Mainline segment includes Alaska's Boeing or Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Canada, Mexico, and Costa Rica. The Regional segment consists of Horizon's and other third-party carriers’ scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPAs). The Horizon segment includes the capacity sold to Alaska under CPA. The company was founded in 1985 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Alaska Air Group posts strong earnings, eyes growth and efficiency

Alaska Air Group delivered robust financial performance in Q4 2022 and outlined ambitious plans for 2023, focusing on profitability, growth, and operational enhancements.
While facing challenges in fuel hedging strategies and uncertainties in revenue guidance, the company remains poised to capitalize on opportunities in revenue growth and operational improvements.
By addressing challenges, leveraging strengths, and seizing opportunities, Alaska Air Group aims to navigate market dynamics effectively and drive sustainable value for shareholders and stakeholders.
The company's strategic focus on network expansion, cost discipline, and customer engagement positions it well to achieve its financial targets and enhance competitiveness in the airline industry.

Alaska Air Group reports Q1 loss but eyes strong margins and growth opportunities

Alaska Air Group navigated Q1 challenges with improvements in operational metrics and a focus on efficiency. The company's strong balance sheet, strategic partnerships, and proactive measures position it well for peak summer flying. Despite economic uncertainties, Alaska Air Group remains confident in achieving strong margins and driving growth through operational resiliency and strategic initiatives.

Alaska Air Group excels in Q2 earnings, eyes cost reductions

Alaska Air Group's Q2 performance reflects strong earnings, operational excellence, and strategic focus on stability and cost control amidst industry challenges.
The company's financial strength, liquidity, and operational efficiency position it well for future growth, with opportunities for cost reductions and revenue growth in 2024.
Challenges in fare softness and pricing pressures require strategic adjustments, while opportunities in capacity reallocation and market expansion offer avenues for sustained growth.
Alaska Air Group's adaptability to changing market dynamics, focus on customer demand, and operational resilience underscore its competitive positioning and growth potential.

Alaska Air Group reports robust Q3 earnings amidst industry challenges

Alaska Air Group delivered strong financial performance in Q3, driving down unit costs and maintaining liquidity amidst challenging headwinds.
The airline's strategic focus on market share, premium offerings, and cost discipline positions it well for long-term success despite near-term challenges.
Positive trends in corporate travel, revenue generation, and margin improvement highlight growth opportunities for Alaska Air Group in a recovering travel market.

Alaska Air Group reports record revenue despite 737 MAX challenges

Alaska Air Group navigated challenges from the 737 MAX 9 grounding to achieve strong financial performance and record revenue. The company is focused on improving operational efficiency, reducing losses, and capitalizing on opportunities in premium loyalty and ancillary revenues.

Alaska Air Group exceeds Q1 goals, raises full-year guidance

Alaska Air Group navigated challenges to achieve improved performance and outlook. Strategic focus on growth areas and cost management. Ongoing efforts to optimize operations and explore new revenue streams.

Alaska Air Group posts record revenue, navigates challenges for growth

Alaska Air Group's Q2 performance reflects strong financial results, driven by record revenue and cost management, with a strategic focus on margin and profitability.
The company's strengths lie in operational excellence, premium exposure, and margin targets, while challenges include adjusting EPS guidance and balancing growth with profitability.
Opportunities for Alaska Air Group include the planned acquisition of Hawaiian Airlines, market competitiveness, and revenue growth through premium segment investments.
Overall, Alaska Air Group aims to maintain its position as a top margin producer, deliver exceptional guest experiences, and drive revenue growth through strategic initiatives.

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Alaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional, and Horizon. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, Costa Rica and Belize. The Regional segment consists of Horizon's and other third-party carriers’ scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment encompasses the capacity sold to Alaska under a CPA. The company was founded in 1985 and is headquartered in Seattle, WA.

Alaska Air Group Inc. said in a Tuesday morning investor update that it's seen "robust" demand during the fourth quarter, including during the Thanksgiving holiday period. "Our demand outlook for the rest of the quarter remains strong despite modest softening in corporate travel bookings," the company said in its update.

Alaska Air says holiday-quarter demand is 'robust' as it tweaks outlook

Citi cited the carrier's strong pricing and traffic flow from partner airlines as reasons why it now looks attractive.

Alaska Air Gets a Buy Rating. Wall Street Is Warming to Airlines.

Alaska Air Group Inc. ALK, +1.86% said Wednesday it has launched program that allows travelers to tag their luggage using the air carrier's mobile app before they get to the airport. The company said its 2,500 Alaska Mileage Plus members will start receiving this week their electronic bag tags, a three-inch by five-inch device that's updated with the traveler's flight information during check-in.

Alaska Air launches program to allow travelers to electronically tag luggage at home

Travel technology allows guests to check-in, tag own bags before airport arrival SEATTLE, Nov. 30, 2022 /PRNewswire/ -- Alaska Airlines today became the first U.S. airline to launch an electronic bag tag program, which enables guests to tag their luggage through the airline's mobile app before they even reach the airport. The Alaska Airlines electronic bag tag is estimated to reduce guests' time spent in airport lobbies by 40% This week, 2,500 Alaska Mileage Plan members will begin receiving their electronic bag tag.

Alaska Airlines launches first U.S. electronic bag tag program

Multimillion-dollar renovations add more seating and food and beverage choices; Seattle C Concourse Lounge expansion opens next week in time for holidays SEATTLE , Nov. 17, 2022 /PRNewswire/ -- We know our guests love our Lounges at Alaska Airlines – spaces filled with a West Coast vibe to kick back and unwind or get a little work done. Since 2018, we've doubled the footprint in our Lounges and invested $30 million in overall improvements, including our award-winning Flagship Lounge at the N Concourse in Seattle, our new Lounge in San Francisco and a new patio space at Concourse C Lounge in Portland.

Alaska Airlines refreshes our Lounges with new spaces and amenities

Hawaii-based carrier will connect our guests on interisland flights to 10 destinations across the state starting early next year; Mileage Plan members will earn miles on Mokulele flights SEATTLE , Nov. 15, 2022 /PRNewswire/ -- As Alaska Airlines celebrates 15 years of serving the Hawaiian Islands, we are deepening our commitment to the state with an enhanced partnership with Mokulele Airlines, our newest Mileage Plan partner, starting in early 2023. By joining forces, we're making it easier and more convenient for our guests to fly to additional locations throughout the islands.

Aloha, partner! Alaska Airlines welcomes Mokulele Airlines to Mileage Plan

Boeing

Silk Way West Airlines, a growing cargo operator based in Azerbaijan, and Alaska Airlines on Thursday signed contracts with Boeing for two freighters apiece — but that is where the similarities ended.  Silk Way West said it will take two 777-8s, the largest plane available from Boeing (NYSE: BA) and one so modern it isn't even being produced yet, while Alaska Airlines will use secondhand 737-800s passenger aircraft and turn them into freighters.

Silk Way West, Alaska Airlines sign Boeing freighter deals

American Airlines

Delta Air Lines

JetBlue Airways

Southwest Airlines

Spirit Airlines

United Continental Hlds

Economic resilience adds to the bull case for this beaten-down sector.

Why Airline Stocks Are Soaring Today

Five dedicated 737 converted freighters to meet cargo demand across the Alaska network SEATTLE , Nov. 10, 2022 /PRNewswire/ -- Alaska Air Cargo announced Boeing will provide the conversion work for two 737-800 Boeing Converted Freighters (BCF) to add to its dedicated freighter fleet serving the state of Alaska. The conversion work will be done at Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA) in Costa Rica.

Alaska Air Cargo selects Boeing to convert two passenger aircraft to freighters

Is Alaska Air stock set to continue its outperformance or could we expect a pullback?

Up 10% Last Month, Alaska Airlines Stock Set To Sustain Its Outperformance?

23-year veteran of the airline to lead 3,500-strong pilot group SEATTLE , Nov. 7, 2022 /PRNewswire/ -- Alaska Airlines' board of directors has elected Captain Dave Mets as vice president of flight operations. In this role, Mets will oversee the day-to-day operations and financial performance of Alaska's flight operations division, which includes Alaska's 3,500 pilots.

Alaska Airlines names new vice president of flight operations

Flight Pass adds fourth state, subscribers earn elite status during month-long promotion SEATTLE , Nov. 3, 2022 /PRNewswire/ -- Alaska Airlines, the only U.S. airline to offer a pay-by-month flight subscription service, is expanding its popular program to Salt Lake City less than a year after its launch. Alaska Airlines expands one-of-a-kind flight subscription service to Salt Lake City in time for ski season, holidays Flight Pass subscribers will now be able to fly between Salt Lake City and San Francisco or San Diego, in addition to 18 other routes throughout California and select cities in Nevada and Arizona.

Alaska Airlines expands one-of-a-kind flight subscription service to Salt Lake City just in time for ski season, holidays

Lyft

Mileage Plan members can earn 1 mile for every $1 spent on all Lyft rides in the U.S. and Canada, plus this holiday season they can earn 2 miles for every $1 spent on Lyft rides – anytime, everywhere; guests can redeem miles for flights SEATTLE , Nov. 2, 2022 /PRNewswire/ -- Your travels this holiday season just got more rewarding. Alaska Airlines has hitched a new partnership with Lyft – one of the largest transportation networks in the U.S. and Canada – and we're eager for our guests to come along for the ride.

Alaska Airlines teams up with Lyft for new partnership to earn miles wherever you go

The mean of analysts' price targets for Alaska Air (ALK) points to a 55.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in Alaska Air (ALK)? Wall Street Analysts Think 56%

Boeing (NYSE: BA ) stock is on the move Wednesday after receiving an order for its 737 MAX jets from Alaska Airlines. That has the Alaska Air (NYSE: ALK ) subsidiary ordering 52 new jets from Boeing.

BA Stock Alert: What to Know as Alaska Airlines Places New Order From Boeing

Alaska Airlines Group Inc. ALK, +1.95% said Wednesday that it is buying 52 Boeing 737 MAX jets through the exercising of options, representing the air carrier's largest commitment for future aircraft in its history. Financial terms of the order were not disclosed.

Alaska Air to buy another 52 Boeing 737 MAX jets, the airline's largest ever commitment for future aircraft

We're adding 52 Boeing aircraft with rights for an additional 105, setting us up for long-term growth SEATTLE , Oct. 26, 2022 /PRNewswire/ -- Alaska Airlines announced today it is exercising options to purchase 52 Boeing 737 MAX aircraft for delivery between 2024 and 2027, growing the airline's confirmed 737 MAX fleet from 94 to 146. Alaska also secured rights for 105 more planes through 2030, ensuring access to sufficient aircraft for fleet replacement and growth.

Alaska Airlines makes biggest Boeing aircraft order in its 90-year history

Alaska Air Group, Inc. (NYSE:ALK ) Q3 2022 Results Conference Call October 20, 2022 11:30 AM ET Company Participants Andrew Harrison - EVP, Chief Commercial Officer Benito Minicucci - CEO Emily Halverson - VP, Finance & Controller Nathaniel Pieper - SVP, Fleet, Finance and Alliances Shane Tackett - CFO Conference Call Participants Mike Linenberg - Deutsche Bank Duane Pfennigwerth - Evercore ISI Savi Syth - Raymond James Andrew Didora - Bank of America Dan McKenzie - Seaport Global Scott Group - Wolfe Research Jamie Baker - JPMorgan Brandon Oglenski - Barclays Conor Cunningham - Melius Research Helane Becker - Cowen & Company Chris Stathoulopoulos - Susquehanna Financial Group Operator Good morning, ladies and gentlemen, and welcome to the Alaska Air Group 2022 Third Quarter Earnings Call. [Operator Instructions] Today's call is being recorded and will be accessible for future playback at alaskaair.com.

Alaska Air Group, Inc. (ALK) Q3 2022 Earnings Call Transcript

Alaska Air's (ALK) third-quarter 2022 revenues benefit from contributions from passenger revenues.

Alaska Air (ALK) Q3 Earnings & Revenues Top, 2022 View Tweaked

Alaska Airlines shares are down despite presenting favorable Q3 2022 results. The airline is tracking well on transformation that will show results over the longer term.

Alaska Airlines Stock Grounded But Strategy Screams Buy

Alaska Air Group Inc. ALK, -1.16% reported its third-quarter results before market open on Thursday, boosted by what the carrier's CEO described as the busiest travel season in two years. The company's shares rose 1.66% before market open, after ending Wednesday's session down 1.16%.

Alaska Air's 3Q results boosted by 'busiest travel season in two years'

Delivered adjusted pretax margins of 15.6%; Recorded record third quarter operating revenue of $2.8 billion; Finalized new contracts with ALPA, IBT and IAM represented employees SEATTLE , Oct. 20, 2022 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for the third quarter ending Sept. 30, 2022, and provided outlook for the fourth quarter ending Dec. 31, 2022.

Alaska Air Group reports third quarter 2022 results

Airline stocks United and American report earnings this week after both raised guidance as industry optimism is increasing on strong demand for air travel. The post Analysts Upbeat On Airline Stocks With United And American Reporting appeared first on Investor's Business Daily.

Analysts Upbeat On Airline Stocks With United And American Reporting

Alaska Air's (ALK) third-quarter 2022 revenues are likely to have benefited from improved air-travel demand. However, high fuel costs are expected to hurt its bottom line.

What's in the Cards for Alaska Air (ALK) in Q3 Earnings?

SEATTLE , Oct. 12, 2022 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2022 third quarter financial results at 11:30 a.m. EDT/ 8:30 a.m.

News for Alaska Air Group Stock (ALK)