The earnings highlights for Alaska Air Group Inc. (ALK) are as follows:
In the fourth quarter, Alaska Air Group Inc. reported earnings of -$2 million, a significant drop from the $22 million in the same period the previous year. Their Earnings per Share (EPS) also decreased to -$0.02 in Q4 from $0.17 in the corresponding period last year. However, once specific items were excluded, Alaska Air Group Inc. noted adjusted earnings of $38 million or $0.30 per share for the period.
The analysts' projection was $0.18 per share. The company's revenue was $2.55 billion in Q4, slightly up from $2.48 billion in the same period last year.