For the quarter ended June 2025, Alaska Air Group (ALK Quick QuoteALK - Free Report) reported revenue of $3.7 billion, up 27.9% over the same period last year. EPS came in at $1.78, compared to $2.55 in the year-ago quarter.

The reported revenue represents a surprise of +1.26% over the Zacks Consensus Estimate of $3.66 billion. With the consensus EPS estimate being $1.56, the EPS surprise was +14.1%.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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:

• Passenger Load Factor: 83.9% versus the five-analyst average estimate of 85.2%.
• Economic fuel cost per gallon: $2.39 compared to the $2.42 average estimate based on four analysts.
• Available seat miles (ASM): 24.06 billion versus 22.96 billion estimated by four analysts on average.
• Total revenue per ASM (RASM): 15.39 cents versus the four-analyst average estimate of 16.11 cents.
• Revenue passenger miles (RPM): 20.18 billion compared to the 19.59 billion average estimate based on four analysts.
• Passenger Yield: 16.62 cents versus 17.21 cents estimated by three analysts on average.
• Operating expenses per ASM, excluding fuel and special items: 10.9 cents versus 11.59 cents estimated by three analysts on average.
• Fuel gallons: 293.00 Mgal versus the three-analyst average estimate of 285.01 Mgal.
• Total Passenger Revenue: $3.36 billion versus $3.31 billion estimated by five analysts on average.
• Revenue- Loyalty program other revenue: $210 million versus $219.52 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +20.7% change.
• Revenue- Cargo and other: $139 million versus the four-analyst average estimate of $137.72 million. The reported number represents a year-over-year change of +93.1%.
• Operating Revenues- Passenger - Hawaiian: $857 million compared to the $600.11 million average estimate based on two analysts.

View all Key Company Metrics for Alaska Air here>>>

Shares of Alaska Air have returned +7.1% over the past month versus the Zacks S&P 500 composite's +5.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.