Alaska Air Group (NYSE:ALK) is scheduled to announce its earnings results before the market opens on Thursday, January 25th. Analysts expect the company to announce earnings of $0.87 per share for the quarter.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings results on Wednesday, October 25th. The transportation company reported $2.24 earnings per share for the quarter, missing the consensus estimate of $2.26 by ($0.02). The business had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.13 billion. Alaska Air Group had a return on equity of 28.74% and a net margin of 10.34%. Alaska Air Group’s revenue was up 35.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.20 earnings per share. On average, analysts expect Alaska Air Group to post $7 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Alaska Air Group (NYSE:ALK) opened at $70.82 on Thursday. The firm has a market cap of $8,710.00, a P/E ratio of 11.35 and a beta of 1.03. Alaska Air Group has a 52 week low of $61.10 and a 52 week high of $101.43. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.78 and a current ratio of 0.80.

In other Alaska Air Group news, CEO David L. Campbell sold 4,934 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $68.00, for a total transaction of $335,512.00. Following the completion of the sale, the chief executive officer now owns 9,648 shares of the company’s stock, valued at approximately $656,064. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Andrew R. Harrison sold 540 shares of the firm’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $65.53, for a total value of $35,386.20. Following the sale, the executive vice president now directly owns 20,788 shares of the company’s stock, valued at approximately $1,362,237.64. The disclosure for this sale can be found here. Company insiders own 0.57% of the company’s stock.

Several research firms have recently commented on ALK. Buckingham Research cut their price objective on Alaska Air Group from $98.00 to $91.00 and set a “buy” rating for the company in a report on Thursday, October 26th. Deutsche Bank cut their price objective on Alaska Air Group from $99.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, October 26th. Stifel Nicolaus cut their price objective on Alaska Air Group from $125.00 to $115.00 and set a “buy” rating for the company in a report on Thursday, October 26th. Bank of America cut their price objective on Alaska Air Group from $100.00 to $96.00 and set a “buy” rating for the company in a report on Friday, October 13th. Finally, Morgan Stanley set a $78.00 price objective on Alaska Air Group and gave the company a “buy” rating in a report on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eight have given a buy rating and three have issued a strong buy rating to the company. Alaska Air Group presently has an average rating of “Buy” and a consensus target price of $88.89.

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Alaska Air Group Company Profile

Alaska Air Group, Inc is the holding company of Alaska Airlines (Alaska), Virgin America Inc, Horizon Air (Horizon) and other business units. The Company operates through three segments: Mainline, Regional and Horizon. Its Mainline segment includes Alaska’s and Virgin America’s scheduled air transportation for passengers and cargo throughout the United States, and in parts of Canada, Mexico, Costa Rica and Cuba.

Earnings History for Alaska Air Group (NYSE:ALK)

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