Key Details
Price
$71.50Last Dividend
$0.38Annual ROE
9.31%Beta
0.76Events Calendar
Next earnings date:
Apr 18, 2025Recent quarterly earnings:
Jan 23, 2025Recent annual earnings:
Jan 23, 2025Next ex-dividend date:
N/ARecent ex-dividend date:
Feb 14, 2020Next split:
N/ARecent split:
July 10, 2014Analyst ratings
Recent major analysts updates
Market Data
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Efficiency
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Alaska Air Group reported impressive results for the fourth quarter, with a 38.4% increase in revenue compared to last year and earnings per share exceeding forecasts, even with rising operating costs and debt from acquiring Hawaiian Airlines. While the Hawaiian Airlines acquisition provides chances for growth, it also brings challenges in merging the two companies and possible costs related to upgrading the fleet and competing in international markets. Alaska Air Group's stock is performing similarly to its competitors, but its recent price increase makes it less attractive than options like United Airlines.
Alaska Air Group (ALK) and The Travelers Companies (TRV) exceeded their Q4 profit expectations on Thursday, making them two interesting stocks to watch.
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U.S. stocks showed a mixed performance and remained mostly stable at midday, with the S&P 500 hovering close to its record highs.
Alaska Air Group, Inc. (NYSE:ALK) will hold its Q4 2024 Earnings Conference Call on January 23, 2025, at 11:30 AM ET. The call will feature several company executives, including the President and CEO, as well as various analysts from different financial institutions. Good morning, everyone, and thank you for joining the Alaska Air Group's Fourth Quarter Earnings Call for 2024.
In the fourth quarter of 2024, ALK's revenues increase due to earnings from passenger services.
Alaska Air Group Inc. announced that it achieved a record revenue of $11.7 billion for the full year ending December 31, 2024. The company's adjusted earnings per share for the fourth quarter and the entire year surpassed their previous expectations. Additionally, they repurchased around $250 million in shares and provided a performance-based pay of six weeks' salary for most of their employees.
Alaska Air Group (ALK) reported quarterly earnings of $0.97 per share, which is higher than the Zacks Consensus Estimate of $0.47 per share. This is an increase compared to earnings of $0.30 per share from the same time last year.
Investors frequently depend on analyst recommendations when choosing to buy, sell, or hold a stock. Changes in ratings from these analysts, who work for brokerage firms, can impact a stock's price, but how significant are they really?
High demand for air travel is improving ALK's future outlook. The company's efforts to improve global connections are promising.
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