Here is What to Know Beyond Why Alaska Air Group, Inc. (ALK) is a Trending Stock

Core Viewpoint - Alaska Air Group (ALK) has experienced a significant decline in stock performance, returning -13.4% over the past month, compared to the Zacks S&P 500 composite's -0.7% and the Zacks Transportation - Airline industry's -11.5% [1] Earnings Estimate Revisions - The consensus earnings estimate for Alaska Air for the current quarter is $1.84 per share, reflecting a year-over-year decrease of -27.8% and a change of -46.7% over the last 30 days [4] - The consensus earnings estimate for the current fiscal year is $4.14, indicating a year-over-year change of -15% and a revision of -30.7% in the last 30 days [4] - For the next fiscal year, the consensus earnings estimate is $6.96, showing a year-over-year increase of +68.2%, although it has changed -11.2% over the past month [5] - The Zacks Rank for Alaska Air is 5 (Strong Sell), indicating a negative outlook based on recent earnings estimate revisions [6] Projected Revenue Growth - The consensus sales estimate for the current quarter is $3.72 billion, representing a year-over-year increase of +28.5% [10] - For the current fiscal year, the revenue estimate is $14.27 billion, indicating a year-over-year change of +21.6%, while the next fiscal year's estimate is $15.47 billion, reflecting an +8.5% change [10] Last Reported Results and Surprise History - Alaska Air reported revenues of $3.14 billion in the last quarter, a year-over-year increase of +40.6%, with an EPS of -$0.77 compared to -$0.92 a year ago [11] - The reported revenues were slightly below the Zacks Consensus Estimate of $3.16 billion, resulting in a revenue surprise of -0.8%, while the EPS surprise was -6.94% [11] - Over the last four quarters, Alaska Air surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [12] Valuation - Alaska Air is graded B on the Zacks Value Style Score, indicating that it is trading at a discount to its peers [16]