Core Viewpoint - Alaska Airlines is expanding its connectivity for Oregon flyers by adding three new nonstop routes, effective May 15, 2025, which will enhance its competitive position in the airline industry [1][4]. Route Expansion - The new nonstop routes include: - Portland, OR to Houston, TX, addressing the largest unserved city from Portland, benefiting both business and leisure travelers [1]. - Portland to Eugene, OR, with two daily nonstop roundtrips [2]. - Medford, OR to San Diego, CA, marking the 41st destination from San Diego [2]. - Additionally, Alaska Airlines is increasing its service within Oregon with: - Portland to Medford route, now served four times a day instead of once [3]. - Portland to Redmond route, starting year-round with three daily flights [3]. Company Performance - Alaska Airlines has a Zacks Rank of 1 (Strong Buy) and has seen its shares gain 98.3% over the past year, outperforming the Zacks Airline industry growth of 43.3% [5].

Wall Street expects a year-over-year increase in earnings on higher revenues when Alaska Air Group (ALK) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Januar ...

We'll fly daily between Portland and Houston starting this spring along with two daily Portland-Eugene roundtrips and a new Medford-San Diego routeSEATTLE, Jan. 14, 2025 /PRNewswire/ -- Y'all, for the first time, Alaska Airlines is linking the Rose City to the largest city in Texas. We're adding a new daily, nonstop flight between Portland and George Bush Intercontinental Airport (IAH) in Houston starting May 15, 2025. We'll also resume twice-daily nonstop service between Portland and Eugene, Oregon, and of ...

Have you been paying attention to shares of Alaska Air Group (ALK) ? Shares have been on the move with the stock up 9% over the past month. The stock hit a new 52-week high of $69.1 in the previous session. Alaska Air Group has gained 5.3% since the start of the year compared to the -3.7% move for the Zacks Transportation sector and the 35.7% return for the Zacks Transportation - Airline industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't miss ...

Core Points - Alaska Air Group Inc. will hold its quarterly conference call to discuss the financial results for the fourth quarter of 2024 on January 23, 2025 [1] - The call will be accessible to the public via a webcast on the company's investor relations website [1] Company Overview - Alaska Air Group, Inc. is based in Seattle and includes subsidiaries such as Alaska Airlines, Hawaiian Holdings, Inc., Horizon Air, and McGee Air Services [2] - The recent acquisition of Hawaiian Airlines has expanded the company's service to over 140 destinations across North America, Central America, Asia, and the Pacific [2] - Alaska Airlines is a member of the oneworld Alliance, providing customers with more options for travel across 30 airlines and over 1,000 destinations worldwide [2] - The company is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol "ALK" [2]

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 ...

Market Performance - U.S. stock markets experienced a significant rally in 2024, following a remarkable bull run in 2023, with the S&P 500 rising 23.3% last year after a 24.2% increase in 2023, marking a total increase of 53% over the two years, the best performance since 1997-98 [1] - The S&P 500 achieved 57 all-time highs in 2024, while the Dow and Nasdaq Composite rose 12.9% and 28.6% respectively last year [1] Recent Market Trends - In December, Wall Street struggled to maintain momentum, with the Dow dropping 5.3%, the S&P 500 falling 2.5%, and the Nasdaq Composite only increasing by 0.5% [2] Stock Recommendations - Five stocks are expected to maintain their momentum in January: Doximity Inc. (DOCS), Southwest Airlines Co. (LUV), Alaska Air Group Inc. (ALK), Dropbox Inc. (DBX), and Paramount Global (PARAA), all holding a Zacks Rank 1 (Strong Buy) and a Zacks Momentum Score of A [3][4] Company Insights Doximity Inc. (DOCS) - Doximity provides a digital platform for medical professionals, enabling collaboration and access to medical news and research [5] - Expected revenue and earnings growth rates for the current year are 13.4% and 14.5% respectively, with a 10% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [6] Southwest Airlines Co. (LUV) - Southwest Airlines is benefiting from increased air travel demand, anticipating a 5.5-7% year-over-year increase in fourth-quarter 2024 unit revenues [7] - The company is focused on cost-cutting and fleet modernization, with a strong liquidity position allowing for shareholder rewards through buybacks and dividends [8] - Expected revenue and earnings growth rates for the current year are 5.8% and 107.7% respectively, with a 4.5% improvement in the Zacks Consensus Estimate for current-year earnings in the last 30 days [9] Alaska Air Group Inc. (ALK) - Alaska Air Group is also benefiting from improved air travel demand, with total revenues increasing by 4% in the first nine months of 2024 [10] - The company is modernizing its fleet and has resumed share buybacks, with low fuel costs positively impacting its bottom line [11] - Expected revenue and earnings growth rates for the current year are 24.3% and 34.3% respectively, with an 8.7% improvement in the Zacks Consensus Estimate for current-year earnings in the last 30 days [12] Dropbox Inc. (DBX) - Dropbox is experiencing growth in its user base and average revenue per paying user (ARPU), with 18.24 million paying users and an ARPU of $139.05 [13] - The company has a strong balance sheet and generates significant free cash flow, with expected revenue and earnings growth rates of 0.2% and 9.6% respectively, and a 19.7% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [14] Paramount Global (PARAA) - Paramount Global operates in media, streaming, and entertainment, with a diverse portfolio including CBS, Showtime, and Nickelodeon [15] - The expected earnings growth rate for the current year is 54.7%, despite a negative revenue growth rate, which is projected to be 0.2% for next year, with a more than 100% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [16]

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 ...