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An update from Alaska Air ( (ALK) ) is now available.
Alaska Air Group, Inc. has shared an optimistic financial update, raising its adjusted earnings per share (EPS) forecast for Q3 2024 to $2.15 – $2.25, spurred by robust demand and efficient operations. Revenue outperformed expectations due to industry-wide disruptions and a strong close to the summer season, while fuel costs are now projected to be lower at $2.60 – $2.70 per gallon. The company’s forward-looking statements come with customary caution regarding the unpredictable nature of risks and economic factors that could affect actual outcomes.
Find detailed analytics on ALK stock on TipRanks’ Stock Analysis page.
