Alaska Air Group (ALK) Reports Q1 Loss, Tops Revenue Estimates

Alaska Air Group (ALK) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $1.09. This compares to loss of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.60%. A quarter ago, it was expected that this airline would post earnings of $0.18 per share when it actually produced earnings of $0.30, delivering a surprise of 66.67%.Over the last four quarters, the company has surp ...