Alaska Air Group (ALK) reported $4.07 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 9.8%. EPS of -$0.92 for the same period compares to $1.78 a year ago.
The reported revenue represents a surprise of -0.73% over the Zacks Consensus Estimate of $4.09 billion. With the consensus EPS estimate being -$0.97, the EPS surprise was +5.16%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alaska Air performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Passenger Load Factor: 82.3% versus 84.1% estimated by five analysts on average. Total revenue per ASM (RASM): 16.72 cents versus the four-analyst average estimate of 16.87 cents. Available seat miles (ASM): 24.31 billion compared to the 24.28 billion average estimate based on four analysts. Revenue passenger miles (RPM): 20.01 billion compared to the 20.45 billion average estimate based on four analysts. Fuel Expenses: $1.31 billion versus $1.32 billion estimated by four analysts on average. Economic fuel cost per gallon: $4.43 versus the four-analyst average estimate of $4.46. Passenger Yield: 18.21 cents compared to the 18.18 cents average estimate based on three analysts. Fuel gallons: 295.00 Mgal versus the three-analyst average estimate of 296.06 Mgal. Operating expenses per ASM, excluding fuel and special items: 11.4 cents versus 11.55 cents estimated by three analysts on average. Total Passenger Revenue: $3.64 billion compared to the $3.71 billion average estimate based on five analysts. The reported number represents a change of +8.6% year over year. Revenue- Loyalty program other revenue: $258 million versus the four-analyst average estimate of $224.08 million. The reported number represents a year-over-year change of +22.9%. Revenue- Cargo and other: $163 million compared to the $163.01 million average estimate based on four analysts. The reported number represents a change of +17.3% year over year.View all Key Company Metrics for Alaska Air here>>>
Shares of Alaska Air have returned -5.7% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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Alaska Air Group, Inc. (ALK): Free Stock Analysis Report
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