Alaska Air Group (ALK) Reports Q4 Adjusted EPS of $0.43, Down from Previous Year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2026
0mins
Should l Buy ALK?
Source: Yahoo Finance
- Earnings Report: Alaska Air Group reported an adjusted earnings per share of $0.43 for Q4, a decline from the previous year, indicating challenges in maintaining profitability amid market pressures.
- Reasons for Decline: The drop in earnings is primarily attributed to rising operational costs and fluctuations in passenger demand, which pose greater challenges for the company in sustaining profitability and may impact future investment decisions.
- Market Reaction: Investors reacted cautiously to the earnings report, with stock prices likely experiencing short-term volatility, reflecting concerns about the company's growth potential in an increasingly competitive airline market.
- Strategic Adjustments: Alaska Air may need to reassess its operational strategies to adapt to the changing market environment and customer demands, ensuring a path to recovery in future financial performance.
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Analyst Views on ALK
Wall Street analysts forecast ALK stock price to rise
11 Analyst Rating
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 55.690
Low
63.00
Averages
71.10
High
80.00
Current: 55.690
Low
63.00
Averages
71.10
High
80.00
About ALK
Alaska Air Group, Inc. is engaged in operating airlines. The Company operates through its subsidiaries Alaska Airlines, Inc., Hawaiian Holdings, Inc., Horizon Air Industries, Inc., and McGee Air Services. The Company's segments include Alaska Airlines, Hawaiian Airlines, and Regional. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing jet aircraft for passengers and cargo. The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus jet aircraft for passengers and cargo. The Regional segment includes Horizon's and other third-party carriers’ scheduled air transportation on E175 jet aircraft for passengers under capacity purchase agreements (CPAs). The Company serves more than 140 destinations throughout North America, Central America, Asia and across the Pacific. The Company provides freight and mail services (cargo) using both freighter aircraft and the bellies of its passenger aircraft.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Announcement: Alaska Air is scheduled to release its Q1 2023 earnings report on February 13 before market open, with consensus EPS estimate at -$0.87, reflecting a 13% year-over-year decline, which could negatively impact stock performance.
- Revenue Expectations: The revenue estimate stands at $3.29 billion, representing a 4.8% year-over-year increase; however, the negative EPS outlook may raise investor concerns regarding the company's overall financial health despite revenue growth.
- Historical Performance: Over the past two years, Alaska Air has beaten EPS estimates 75% of the time and revenue estimates 63% of the time, indicating a degree of stability in financial performance, although recent revisions show downward trends in both EPS and revenue forecasts.
- Future Outlook: Alaska Air anticipates a 'meaningful' improvement in EPS by 2026 and notes a pickup in bookings late in Q4 2022, which may provide support for a recovery in future performance.
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