We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ALK has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 33.08%. (See the Zacks Earnings Calendar to stay ahead of market-making news).
Image Source: Zacks Investment Research
Let’s see how things have shaped up for Alaska Air this earnings season.
Q1 Expectations
The Zacks Consensus Estimate for first-quarter 2025 loss is currently pegged at 72 cents per share, wider than the loss of 55 cents in the past 60 days. However, the consensus mark implies a 21.7% northward movement from the year-ago actual. The Zacks Consensus Estimate for Alaska Air’s first-quarter 2025 revenues is pegged at $3.19 billion, indicating 42.9% growth year over year.
Image Source: Zacks Investment Research
For first-quarter 2025, ALK anticipates adjusted loss per share in the range of 50-70 cents.
We expect tariff-induced economic uncertainties and the resultant reduction in consumer and corporate confidence to have caused a slowdown in domestic air travel demand. However, with the demand for long-haul travel remaining buoyant, international passenger revenues are likely to have been impressive in the to-be-reported quarter.
Labor costs are also likely to have been high, hurting bottom-line performance in the March quarter. We expect expenses on wages and benefits to increase 64.9% in the to-be-reported quarter from the first quarter of 2024 actuals.
On a brighter note, low fuel costs due to the downtrend in oil prices are likely to have boosted the bottom-line performance. The decline in oil prices bodes well for ALK's bottom-line growth because fuel expenses are a significant input cost for the airline space.
What Our Model Says About ALK
Our proven model does not conclusively predict an earnings beat for Alaska Air this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
ALK has an Earnings ESP of -3.40% and a Zacks Rank #3 at present.
Alaska Air reported solid fourth-quarter 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share of 97 cents outpaced the Zacks Consensus Estimate of 47 cents and improved more than 100% on a year-over-year basis. The reported figure exceeded the guided range of 40-50 cents.
Operating revenues of $3.53 billion beat the Zacks Consensus Estimate of $3.51 billion. The top line jumped 38.4% year over year, with passenger revenues accounting for 89.9% of the top line and increasing 37% owing to the continued recovery in air-travel demand.
Stocks to Consider
Here are a few stocks from the broader Zacks Transportation sector that investors may consider, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
The Zacks Consensus Estimate for first-quarter 2025 earnings has been revised 1.94% upward in the past 90 days. CHRW’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 21.7%.
Expeditors International of Washington(EXPD - Free Report) has an Earnings ESP of +3.76% and a Zacks Rank #2 at present. EXPD is scheduled to report first-quarter 2025 earnings on May 6.
The Zacks Consensus Estimate for first-quarter 2025 earnings has been revised 1.94% upward in the past 90 days. EXPD’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 11.6%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Alaska Air to Report Q1 Earnings: What's in Store for the Stock?
Alaska Air Group, Inc. (ALK - Free Report) is scheduled to report first-quarter 2025 results on April 23, after market close.
ALK has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 33.08%. (See the Zacks Earnings Calendar to stay ahead of market-making news).
Image Source: Zacks Investment Research
Let’s see how things have shaped up for Alaska Air this earnings season.
Q1 Expectations
The Zacks Consensus Estimate for first-quarter 2025 loss is currently pegged at 72 cents per share, wider than the loss of 55 cents in the past 60 days. However, the consensus mark implies a 21.7% northward movement from the year-ago actual. The Zacks Consensus Estimate for Alaska Air’s first-quarter 2025 revenues is pegged at $3.19 billion, indicating 42.9% growth year over year.
Image Source: Zacks Investment Research
For first-quarter 2025, ALK anticipates adjusted loss per share in the range of 50-70 cents.
We expect tariff-induced economic uncertainties and the resultant reduction in consumer and corporate confidence to have caused a slowdown in domestic air travel demand. However, with the demand for long-haul travel remaining buoyant, international passenger revenues are likely to have been impressive in the to-be-reported quarter.
Labor costs are also likely to have been high, hurting bottom-line performance in the March quarter. We expect expenses on wages and benefits to increase 64.9% in the to-be-reported quarter from the first quarter of 2024 actuals.
On a brighter note, low fuel costs due to the downtrend in oil prices are likely to have boosted the bottom-line performance. The decline in oil prices bodes well for ALK's bottom-line growth because fuel expenses are a significant input cost for the airline space.
What Our Model Says About ALK
Our proven model does not conclusively predict an earnings beat for Alaska Air this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
ALK has an Earnings ESP of -3.40% and a Zacks Rank #3 at present.
Alaska Air Group, Inc. Price and EPS Surprise
Alaska Air Group, Inc. price-eps-surprise | Alaska Air Group, Inc. Quote
Highlights of Q4
Alaska Air reported solid fourth-quarter 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share of 97 cents outpaced the Zacks Consensus Estimate of 47 cents and improved more than 100% on a year-over-year basis. The reported figure exceeded the guided range of 40-50 cents.
Operating revenues of $3.53 billion beat the Zacks Consensus Estimate of $3.51 billion. The top line jumped 38.4% year over year, with passenger revenues accounting for 89.9% of the top line and increasing 37% owing to the continued recovery in air-travel demand.
Stocks to Consider
Here are a few stocks from the broader Zacks Transportation sector that investors may consider, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
C.H. Robinson(CHRW - Free Report) has an Earnings ESP of +1.37% and a Zacks Rank #3 at present. CHRW is scheduled to report first-quarter 2025 earnings on April 30. You can seethe complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for first-quarter 2025 earnings has been revised 1.94% upward in the past 90 days. CHRW’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 21.7%.
Expeditors International of Washington(EXPD - Free Report) has an Earnings ESP of +3.76% and a Zacks Rank #2 at present. EXPD is scheduled to report first-quarter 2025 earnings on May 6.
The Zacks Consensus Estimate for first-quarter 2025 earnings has been revised 1.94% upward in the past 90 days. EXPD’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 11.6%.