Alaska Air Group (ALK) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Alaska Air Group (ALK) last issued guidance on July 21, 2026 for Q3 2026. The company guided earnings per share in the range of $0 - $1, compared to a consensus EPS estimate of $1.22.
Compared to prior guidance, Alaska Air Group raised its EPS outlook from a previous range of $-1 - $-1.
Alaska Air Group has issued 34 guidance updates between October 20, 2022 and July 21, 2026. During this period, the company raised its outlook 13 times and lowered it 14 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $-0.98 | $-1.58 | $0.11 | $1.10 |
| Actual | $-0.92 | $-1.68 | $0.43 | $1.05 |
| Surprise | +6.12% | -6.33% | +290.9% | -4.55% |
| Revenue | ||||
| Estimate | $4.09B | $3.28B | $3.64B | $3.75B |
| Actual | $4.07B | $3.30B | $3.63B | $3.77B |
| Surprise | -0.64% | +0.49% | -0.26% | +0.31% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.59 | $0.55 | $-0.26 | $2.26 |
| Revenue | ||||
| Consensus | $4.31B | $4.13B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 21, 2026 | $-0.92 | $-0.98 | 6.12 % |
| Q1 | Apr 20, 2026 | $-1.68 | $-1.58 | -6.33 % |
| Q4 | Jan 22, 2026 | $0.43 | $0.11 | 290.9 % |
| Q3 | Oct 23, 2025 | $1.05 | $1.10 | -4.55 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 21, 2026 | $4.07B | $4.09B | -0.64 % |
| Q1 | Apr 20, 2026 | $3.30B | $3.28B | 0.49 % |
| Q4 | Jan 22, 2026 | $3.63B | $3.64B | -0.26 % |
| Q3 | Oct 23, 2025 | $3.77B | $3.75B | 0.31 % |