Previous close | 42.01 |
Open | 42.03 |
Bid | 42.75 x 1000 |
Ask | 43.16 x 800 |
Day's range | 41.97 - 43.26 |
52-week range | 30.75 - 57.18 |
Volume | |
Avg. volume | 2,440,490 |
Market cap | 5.421B |
Beta (5Y monthly) | 1.62 |
PE ratio (TTM) | 23.49 |
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 |
Alaska Air Group said on Thursday the lost capacity from the temporary grounding of its Boeing 737 Max 9 fleet may cause the company's long-term profit growth to be below its target range of 4% to 8%. Earlier this month, Alaska Air forecast first-quarter adjusted loss per share of 55 cents to 45 cents per share, compared with analysts' estimates for a loss of $1.18 per share, according to LSEG data. The first-quarter forecast reflects an unspecified partial compensation the carrier received from Boeing following a mid-air blowout of a door plug panel in January and a 30 cent-per-share impact from the temporary grounding of MAX 9 jets after the incident, Alaska Air said earlier.
Earlier this month, Alaska Air forecast first-quarter adjusted loss per share of 55 cents to 45 cents per share, compared with analysts' estimates for a loss of $1.18 per share, according to LSEG data. The first-quarter forecast reflects an unspecified partial compensation the carrier received from Boeing following a mid-air blowout of a door plug panel in January and a 30 cent-per-share impact from the temporary grounding of MAX 9 jets after the incident, Alaska Air said earlier. The airline had also said its full-year capacity expectations were still in a "flux" due to uncertainty surrounding aircraft delivery timings stemming from increased Federal Aviation Administration and Department of Justice scrutiny of Boeing and its operations.
Southwest Airlines (LUV) and Alaska Air (ALK) ink pay-related deals, highlighting their pro-labor stance.