Alaska Air (ALK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Alaska Air Group (ALK) reported revenue of $2.23 billion, up 1.6% over the same period last year. EPS came in at -$0.92, compared to -$0.62 in the year-ago quarter.The reported revenue represents a surprise of +2.42% over the Zacks Consensus Estimate of $2.18 billion. With the consensus EPS estimate being -$1.09, the EPS surprise was +15.60%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...