Overview
Seattle-based carrier's Q4 revenue missed analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Outlook
Alaska Air expects Q1 2026 unit revenues to be solidly positive
Company forecasts FY 2026 adjusted EPS between $3.50 and $6.50
Alaska Air anticipates FY 2026 capacity growth of 2% to 3%
Result Drivers
CORPORATE TRAVEL GROWTH - Corporate travel grew 9% year-over-year
COST CONTROL - Unit costs, excluding fuel, increased 1.3% year-over-year, better than prior guidance
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $3.60 bln | $3.64 bln (12 Analysts) |
Q4 Adjusted EPS | Beat | $0.43 | $0.12 (15 Analysts) |
Q4 EPS | $0.18 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the airlines peer group is "buy"
Wall Street's median 12-month price target for Alaska Air Group Inc is $69.00, about 41.2% above its January 22 closing price of $48.86
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nPn8PJd0la
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)