Recap: Alaska Air Q3 Earnings

Recap: Alaska Air Q3 Earnings

Alaska Air Group ALK reported its Q3 earnings results on Thursday, October 20, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Alaska Air Gr beat estimated earnings by 5.42%, reporting an EPS of $2.53 versus an estimate of $2.4.

Revenue was up $875.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.24 which was followed by a 1.02% drop in the share price the next day.

Here's a look at Alaska Air Gr's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.95 -1.50 0.29 1.29
EPS Actual 2.19 -1.33 0.24 1.47
Revenue Estimate 2.58B 1.66B 1.89B 1.93B
Revenue Actual 2.66B 1.68B 1.90B 1.95B

To track all earnings releases for Alaska Air Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings