Alaska Air Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Insights - Alaska Air Group is expected to report a quarterly loss of 77 cents per share for the first quarter, an improvement from a loss of 92 cents per share a year ago [1] - The company projects quarterly revenue of $3.16 billion, up from $2.23 billion in the same quarter last year [1] Analyst Ratings - Barclays analyst Brandon Oglenski maintained an Overweight rating but reduced the price target from $80 to $62 [7] - Susquehanna analyst Christopher Stathoulopoulos kept a Positive rating while cutting the price target from $95 to $55 [7] - UBS analyst Thomas Wadewitz downgraded the stock from Buy to Neutral and lowered the price target from $75 to $54 [7] - Citigroup analyst Stephen Trent maintained a Buy rating and adjusted the price target from $83 to $81 [7] - JP Morgan analyst Jamie Baker maintained an Overweight rating and increased the price target from $85 to $89 [7] Stock Performance - Alaska Air Group shares increased by 2.9%, closing at $44.94 [3]