Alaska Air(US:ALK) ZACKS·2025-10-30 14:00Core Viewpoint - Alaska Air Group (ALK) has experienced a significant decline in stock performance, returning -13.9% over the past month, contrasting with the S&P 500's +3.6% and the airline industry’s +0.2% [1] Earnings Estimates - Alaska Air is projected to report earnings of $0.56 per share for the current quarter, reflecting a year-over-year decrease of -42.3%, with a consensus estimate change of -63.8% over the last 30 days [4] - The consensus earnings estimate for the current fiscal year stands at $2.56, indicating a year-over-year decline of -47.4%, with a change of -28.3% in the last month [4] - For the next fiscal year, the consensus earnings estimate is $5.62, representing a year-over-year increase of +119.7%, although it has decreased by -12.2% recently [5] - The Zacks Rank for Alaska Air is 5 (Strong Sell), indicating a negative outlook based on recent earnings estimate revisions [6] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $3.66 billion, showing a year-over-year increase of +3.6% [10] - For the current fiscal year, the revenue estimate is $14.25 billion, reflecting a +21.4% change, while the next fiscal year is projected at $15.35 billion, indicating a +7.7% change [10] Last Reported Results and Surprise History - In the last reported quarter, Alaska Air achieved revenues of $3.77 billion, a year-over-year increase of +22.6%, with an EPS of $1.05 compared to $2.25 a year ago [11] - The reported revenues exceeded the Zacks Consensus Estimate of $3.75 billion by +0.31%, while the EPS fell short by -5.41% [11] - Over the past four quarters, Alaska Air has surpassed consensus EPS estimates twice and revenue estimates three times [12] Valuation - Alaska Air is graded A in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [16]