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Alaska Air Group (ALK) Stock Sinks As Market Gains: Here's Why
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Alaska Air Group (ALK - Free Report) closed the most recent trading day at $49.42, moving -1.44% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.29%.
Heading into today, shares of the airline had gained 7.46% over the past month, outpacing the Transportation sector's gain of 0.73% and the S&P 500's gain of 2.2%.
Analysts and investors alike will be keeping a close eye on the performance of Alaska Air Group in its upcoming earnings disclosure. The company's earnings report is set to go public on July 21, 2026. In that report, analysts expect Alaska Air Group to post earnings of -$0.97 per share. This would mark a year-over-year decline of 154.49%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.09 billion, indicating a 10.55% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.25 per share and a revenue of $15.85 billion, indicating changes of -110.25% and +11.32%, respectively, from the former year.
Any recent changes to analyst estimates for Alaska Air Group should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 75.05% higher. Alaska Air Group is currently a Zacks Rank #3 (Hold).
The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 173, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ALK in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Alaska Air Group (ALK) Stock Sinks As Market Gains: Here's Why
Alaska Air Group (ALK - Free Report) closed the most recent trading day at $49.42, moving -1.44% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.29%.
Heading into today, shares of the airline had gained 7.46% over the past month, outpacing the Transportation sector's gain of 0.73% and the S&P 500's gain of 2.2%.
Analysts and investors alike will be keeping a close eye on the performance of Alaska Air Group in its upcoming earnings disclosure. The company's earnings report is set to go public on July 21, 2026. In that report, analysts expect Alaska Air Group to post earnings of -$0.97 per share. This would mark a year-over-year decline of 154.49%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.09 billion, indicating a 10.55% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.25 per share and a revenue of $15.85 billion, indicating changes of -110.25% and +11.32%, respectively, from the former year.
Any recent changes to analyst estimates for Alaska Air Group should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 75.05% higher. Alaska Air Group is currently a Zacks Rank #3 (Hold).
The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 173, finds itself in the bottom 30% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ALK in the coming trading sessions, be sure to utilize Zacks.com.