Is a Beat in Store for Alaska Air (ALK) in Q4 Earnings?

Alaska Air Group (ALK) is scheduled to report fourth-quarter 2023 results on Jan 25, before market open.The company has an unimpressive earnings surprise history, having surpassed the Zacks Consensus Estimate in two of the preceding four quarters and missing twice, the average miss being 4.63%. The Zacks Consensus Estimate for fourth-quarter earnings has been revised 15% downward over the past 60 days.Given this backdrop, let’s examine the factors likely to have influenced Alaska Air’s performance in the to ...