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Alaska Air (ALK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Alaska Air Group (ALK - Free Report) reported $2.48 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 30.5%. EPS of $0.92 for the same period compares to $0.24 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.5 billion, representing a surprise of -1.02%. The company delivered an EPS surprise of +2.22%, with the consensus EPS estimate being $0.90.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alaska Air performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Alaska Air here>>>
Shares of Alaska Air have returned +20.4% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.