Core Viewpoint - Alaska Air Group (ALK) reported quarterly earnings of $1.78 per share, exceeding the Zacks Consensus Estimate of $1.56 per share, but down from $2.55 per share a year ago, indicating a +14.10% earnings surprise [1][2] Financial Performance - The company posted revenues of $3.7 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.26%, compared to $2.9 billion in the same quarter last year [2] - Over the last four quarters, Alaska Air has exceeded consensus EPS estimates three times and topped revenue estimates three times [2] Stock Performance and Outlook - Alaska Air shares have declined approximately 18.1% since the beginning of the year, contrasting with the S&P 500's gain of 7.3% [3] - The current consensus EPS estimate for the upcoming quarter is $1.97 on revenues of $3.74 billion, and for the current fiscal year, it is $3.47 on revenues of $14.17 billion [7] Industry Context - The Transportation - Airline industry is currently in the top 36% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]

Financial Performance - Southwest Airlines reported quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.51 per share, and down from $0.58 per share a year ago, representing an earnings surprise of -15.69% [1] - The company posted revenues of $7.24 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.7%, and down from $7.35 billion year-over-year [2] - Over the last four quarters, Southwest has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance and Outlook - Southwest shares have increased approximately 10.6% since the beginning of the year, outperforming the S&P 500's gain of 7.3% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $0.28 on $7.08 billion in revenues, and $1.10 on $28.05 billion in revenues for the current fiscal year [7] Industry Context - The Transportation - Airline industry is currently in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]

Ryanair says any tariff cost would be on Boeing to bear, as the Irish budget airline demanded a return to a no-duties regime that that has governed the industry for close to half a century https://t.co/J6xYXpvjSR ...

Ryanair net income in the first quarter more than doubled, and the budget airline says it will recover most of the fare drop suffered last year to achieve “reasonable” profit growth in fiscal 2026 https://t.co/Trhsiyujcs ...

Bain Capital is already scouting for its next airline after more than tripling its money on the Virgin Australia IPO. Read today's Australia Briefing by @AngusWhitley1 for your daily dose of the best of Bloomberg from Down Under and around the world. https://t.co/92FfxKghZU ...

Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia https://t.co/c7bFqt8Sx0 ...

Financial Performance - The company is proud of its first-half results, having grown earnings and margins [1] Market Trends & Industry Dynamics - The airline industry is expected to see a reduction in available seats starting in mid-August, creating a tailwind [2] - Business demand has increased [2] - Reduced economic uncertainty, related to tax bill resolution and stabilization in the Middle East, is contributing to increased business activity [3] - Tariffs, while not fully resolved, have a narrowing range of potential outcomes, leading to businesses becoming more active [3] - The end of June saw a sudden increase in business activity [4] - The company serves as a real-time indicator of the economy [3]

American Airlines (AAL) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 24, might help the stock move higher if these key numbers are better than expectat ...

Financial Performance & Guidance - United Airlines achieved earnings and margin growth in the first half of the year [2] - Despite a strong first half, the full-year earnings per share guidance was narrowed from $1150-1350 to $9-111, incorporating conservatism due to uncertainties [1][4][5] - The company anticipates potential upside to the guidance if demand remains strong and unforeseen events are minimal [5] Demand & Economic Factors - The airline industry expects a tailwind from reduced seat capacity starting in mid-August, similar to the previous year [3] - Business demand has increased, potentially due to reduced economic uncertainty following the resolution of tax bills and developments in the Middle East [3] - Businesses are showing signs of increased activity, indicating a return to normalcy, particularly in business travel [4] Newark Airport Operations - The FAA has implemented measures to improve Newark Airport's performance, including slot controls, fiber optic installation, and runway construction [8][9] - Newark's on-time performance improved in June, becoming the most punctual among the three New York airports [9] - United Airlines expects Newark's operations to improve, positively impacting profitability by the fourth quarter and significantly improving by the following year [11][12] - The company aims to match the number of flights with the airport's capacity for optimal customer experience and profitability [10][12] Transatlantic Travel - US point of sale for transatlantic travel remains strong, showing year-over-year growth [14] - European point of sale is weak, indicating fewer Europeans traveling to the United States [14] - US point of sale accounts for 80% of United's international business and has remained resilient despite currency fluctuations [14]

Wall Street expects a year-over-year decline in earnings on lower revenues when Southwest Airlines (LUV) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 23. O ...