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ALK Issues Bearish Q3 View on High Fuel Costs, Operational Issues
ZACKS· 2025-09-17 20:16
Key Takeaways Alaska Air now expects Q3 EPS at the low end of its $1.00-$1.40 range.Fuel cost guidance rose to $2.50-$2.55 per gallon due to West Coast refining margins.New Atmos Rewards program saw record sign-ups and strong media attention.Alaska Air Group, Inc. (ALK) has unveiled disappointing third-quarter 2025 guidance, citing issues related to higher fuel expenses and operational issues.ALK now projects its third-quarter 2025 adjusted earnings per share to be at the low end of its previously guided ra ...
Alaska Air Cuts Profit Outlook As Fuel Costs Jump And IT Outage Hits
Yahoo Finance· 2025-09-15 14:51
Alaska Air Group Inc. (NYSE:ALK) said Monday it expects third-quarter adjusted earnings per share to come in at the low end of its prior $1.00 to $1.40 forecast, as higher fuel prices and operational issues weighed on results. Refinery disruptions on the West Coast lifted the airline’s expected fuel cost to $2.50 to $2.55 per gallon, above its earlier estimate of about $2.45. Weather, air traffic control delays, and a July IT outage added expenses, with the outage alone projected to trim about 10 cents per ...