Published on 18 Apr 2024 on Zacks via Yahoo Finance
Alaska Air Group, Inc. ALK reported first-quarter 2024 loss per share of 92 cents, which was narrower than the Zacks Consensus Estimate of a loss of $1.09. In the year-ago reported quarter, ALK reported a loss of 62 cents per share.
Operating revenues of $2,232 million surpassed the Zacks Consensus Estimate of $2,179.3 million. The top line jumped 2% year over year, with passenger revenues accounting for 89.7% of the top line and increasing 1% owing to continued recovery in air-travel demand.