Alaska Air Posts Upbeat Earnings, Joins Xerox, United Rentals And Other Big Stocks Moving Higher On Thursday

U.S. stocks traded higher, with the Dow Jones gaining around 50 points on Thursday.

Shares of Alaska Air Group, Inc. (NYSE:ALK) rose during Thursday’s session following upbeat earnings.

Alaska Air Group reported fourth-quarter operating revenue of $2.55 billion, up 3% Y/Y, in-line with the consensus of $2.55 billion. The company reported adjusted EPS of $0.30, down from $0.92 a year ago, beating the consensus estimate of $0.18.

Alaska Air Group shares rose 5.5% to $37.78 on Thursday.

Here are some other big stocks recording gains in today’s session.

 

Now Read This: Visa Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.