SEATTLE, Jan. 8, 2025 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2024 fourth quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, January 23, 2025.  A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning.About Alaska Airlines Alaska Air Group, Inc. is based in Seattle ...

Wall Street is coming off its best back-to-back years since 1997 and 1998. The outlook for impressive earnings growth and more Fed rate cuts in 2025 offers another bullish backdrop for investors.Every S&P 500 sector is projected to post earnings growth in 2025 for the first time since 2018.The bulls held their ground to start January, with buyers stepping up at the Nasdaq’s 50-day moving average.Given this backdrop, investors likely want to add to their portfolios to start 2025.Today we explore a screen tha ...

We'll offer the most nonstop destinations ever this summer from Alaska's largest city along with daily Portland-Fairbanks service; other new nonstops begin this week across our networkSEATTLE, Jan. 7, 2025 /PRNewswire/ -- For the first time this summer, Alaska Airlines is connecting Anchorage to both Detroit and Sacramento with seasonal nonstop flights, as well as resuming nonstop service between Fairbanks and Portland. Weekly, roundtrip flights to and from Detroit and Sacramento begin on June 14, 2025 – wh ...

U.S. stock markets witnessed an impressive rally in 2024 after an astonishing bull run in 2023. Following the 24.2% ascent in 2023, the S&P 500 rallied 23.3% last year. The benchmark jumped 53% in the last two years recording its best performance since the nearly 66% rally in 1997-98. The broad-market index posted 57 all-time highs in 2024. The Dow and the Nasdaq Composite rallied 12.9% and 28.6%, respectively, last year.However, Wall Street failed to maintain its momentum last month and ended mostly in neg ...

Alaska Air Group (ALK) is benefiting from its robust strategic plan, ‘Alaska Accelerate’, to boost its global connectivity, which is commendable. An uptick in air travel demand bodes well for the company. Due to these tailwinds, ALK shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s delve deeper.ALK’s Northward Earnings Estimate Revision: In the past 60 days, the Zacks Consensus Estimate for 2025 earnings has been r ...

Executive John Wiitala joins Alaska with more than 34 years of airline experienceSEATTLE, Jan. 6, 2025 /PRNewswire/ -- Alaska Airlines has named John Wiitala as its new vice president of maintenance and engineering. In this principal leadership role, Wiitala will lead professionals throughout the division who maintain the highest levels of safety and compliance with more than 237 mainline Boeing aircraft across multiple maintenance bases. John Wiitala, VP M&E at Alaska Airlines Wiitala joins Alaska aft ...

Valuation Metrics - ALK currently trades at a PEG ratio of 0 89, lower than the industry average of 0 99 [1] - ALK is being traded at a Forward P/E ratio of 15 14, which is a premium compared to the industry average of 10 29 [3] Stock Performance - ALK's stock price reached $64 87, with a -1 46% movement compared to the previous day [4] - ALK's stock has climbed by 25 15% in the past month, outperforming the Transportation sector's loss of 6 6% and the S&P 500's loss of 0 36% [6] Earnings and Revenue Estimates - Zacks Consensus Estimates project earnings of $4 35 per share and revenue of $11 8 billion for the full year, showing changes of -3 97% and +13 17% respectively from the preceding year [7] - ALK's upcoming earnings per share (EPS) are projected to be $0 45, reflecting a 50% increase from the same quarter last year, with revenue forecasted at $3 49 billion, indicating a 36 57% growth compared to the corresponding quarter of the prior year [10] Analyst Estimates and Zacks Rank - Recent changes to analyst estimates for ALK reflect the ever-changing nature of near-term business trends, with upward revisions indicating positivity towards the company's business operations [5] - ALK holds a Zacks Rank of 3 (Hold), and the Zacks Consensus EPS estimate has shifted 2 78% upward over the past month [8] Industry Overview - The Transportation - Airline industry is part of the Transportation sector and currently holds a Zacks Industry Rank of 26, placing it in the top 11% of all 250+ industries [11] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [12]

The latest trading session saw Alaska Air Group (ALK) ending at $67.60, denoting a +0.19% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.1%. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, added 1.35%.Heading into today, shares of the airline had gained 26.25% over the past month, outpacing the Transportation sector's loss of 6.52% and the S&P 500's gain of 0.22% in that time.The investment community will be paying close attention to ...

SAN DIEGO, CALIFORNIA - NOVEMBER 18: An Alaska Airlines Boeing 737 MAX 9 approaches San Diego ... [+] International Airport for a landing on November 18, 2024 in San Diego, California. (Photo by Kevin Carter/Getty Images)Getty Images Alaska Air stock (NYSE: ALK) is up nearly 20% in this month after the company raised its Q4 outlook. Alaska now expects its Q4 earnings to be in the range of $0.40 and $0.50 per share, versus its prior guidance of $0.20 to $0.40. The company will benefit from its recently close ...

Daily year-round service will seamlessly connect our guests between the nation's capital and one of our key West Coast hubsSEATTLE, Dec. 17, 2024 /PRNewswire/ -- Alaska Airlines is proud to announce new nonstop service between San Diego International Airport and Ronald Reagan Washington National Airport (DCA), becoming the only airline to offer this direct route and enhance connectivity to the nation's capital. Tickets will soon be available for purchase on www.alaskaair.com.On Tuesday, the U.S. Department ...