Previous close | 42.72 |
Open | 44.12 |
Bid | 44.81 x 1100 |
Ask | 44.87 x 1000 |
Day's range | 43.24 - 45.18 |
52-week range | 30.75 - 57.18 |
Volume | |
Avg. volume | 2,281,153 |
Market cap | 5.679B |
Beta (5Y monthly) | 1.63 |
PE ratio (TTM) | 24.67 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 14 Feb 2020 |
1y target est | N/A |
Shares of Alaska Air Group (ALK) are trading higher in Thursday's pre-market session — carrying gains into the market open — after the company reported first-quarter earnings that beat analyst expectations and raised its full-year profit forecast. The better-than-expected results come despite challenges the airline faced earlier in the year, including safety incidents involving Boeing's (BA) 737 Max aircraft in January. Yahoo Finance's Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
While the top- and bottom-line numbers for Alaska Air (ALK) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Alaska Air start to the year has been far from smooth but the turbulence may be easing. When a door panel blew off an Alaska Airlines Boeing 737 MAX 9 plane midflight in early January, it was always going to be a difficult first quarter. As the U.S. airline most exposed to the MAX 9—accounting for 20% of its total fleet—Alaska was canceling up to 150 flights per day during the temporary grounding of the aircraft which followed the incident.