Alaska Air Group (NYSE:ALK – Get Free Report) updated its third quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the consensus estimate of $1.61.
Alaska Air Group Price Performance
Shares of NYSE ALK opened at $40.75 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.66 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $5.17 billion, a price-to-earnings ratio of 21.12, a price-to-earnings-growth ratio of 0.70 and a beta of 1.59. Alaska Air Group has a twelve month low of $30.75 and a twelve month high of $46.15. The business has a 50 day simple moving average of $36.82 and a 200-day simple moving average of $39.76.
Alaska Air Group (NYSE:ALK – Get Free Report) last issued its earnings results on Thursday, July 18th. The transportation company reported $2.55 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.19. Alaska Air Group had a net margin of 2.14% and a return on equity of 11.85%. The company had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the prior year, the company earned $3.00 earnings per share. The firm’s revenue was up 2.1% compared to the same quarter last year. As a group, equities research analysts expect that Alaska Air Group will post 4.06 earnings per share for the current year.
Analyst Ratings Changes
Check Out Our Latest Analysis on ALK
About Alaska Air Group
Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.
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