Investors Heavily Search Alaska Air Group, Inc. (ALK): Here is What You Need to Know

Core Viewpoint - Alaska Air Group (ALK) has been trending in stock searches, with a recent performance of +4.8% over the past month, outperforming the S&P 500's +2.7% and the airline industry’s +9.2% [1] Earnings Estimate Revisions - Alaska Air is expected to report earnings of $1.59 per share for the current quarter, reflecting a year-over-year decline of -29.3%, with a consensus estimate change of -34% over the last 30 days [4] - For the current fiscal year, the consensus earnings estimate is $3.34, indicating a -31.4% change from the previous year, with a recent estimate change of -7.3% [4] - The next fiscal year's consensus earnings estimate is $6.19, suggesting an increase of +85.3% compared to the previous year, although it has changed -5.1% in the past month [5] - The Zacks Rank for Alaska Air is 4 (Sell), indicating potential underperformance in the near term based on earnings estimate revisions [6] Projected Revenue Growth - The consensus sales estimate for the current quarter is $3.74 billion, representing a year-over-year increase of +21.9% [10] - For the current fiscal year, the revenue estimate is $14.22 billion, indicating a +21.2% change, while the next fiscal year's estimate is $15.2 billion, reflecting a +6.9% change [10] Last Reported Results and Surprise History - In the last reported quarter, Alaska Air achieved revenues of $3.7 billion, a year-over-year increase of +27.9%, with an EPS of $1.78 compared to $2.55 a year ago [11] - The company surpassed consensus EPS estimates three times and revenue estimates three times over the last four quarters [12] Valuation - Alaska Air is graded A on the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [16]