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Alaska Air (ALK) Up 20.7% Since Last Earnings Report: Can It Continue?

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A month has gone by since the last earnings report for Alaska Air Group (ALK - Free Report) . Shares have added about 20.7% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Alaska Air due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, estimates review have trended downward during the past month.

The consensus estimate has shifted -37.86% due to these changes.

VGM Scores

At this time, Alaska Air has a strong Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Charting a somewhat similar path, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Alaska Air has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.

Performance of an Industry Player

Alaska Air is part of the Zacks Transportation - Airline industry. Over the past month, United Airlines (UAL - Free Report) , a stock from the same industry, has gained 10.1%. The company reported its results for the quarter ended March 2025 more than a month ago.

United reported revenues of $13.21 billion in the last reported quarter, representing a year-over-year change of +5.4%. EPS of $0.91 for the same period compares with -$0.15 a year ago.

United is expected to post earnings of $3.71 per share for the current quarter, representing a year-over-year change of -10.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -2.8%.

United has a Zacks Rank #5 (Strong Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.


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