Alaska Air Group reports Q1 net loss of $132M, revenue up 1.6% YoY, Q2 earnings forecast $2.20-$2.40/share.
Alaska Air Group reported a Q1 net loss of $132M, or $1.05 per share, as compared to a $142M loss in Q1 2023. The company's adjusted loss was $0.92 per share, compared to a $0.62 loss in the same period last year. Revenue for the quarter reached $2.23B, an increase of 1.6% from the previous year. The airline expects Q2 earnings to be between $2.20 and $2.40 per share.
April 18, 2024
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