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Alaska Airlines Narrowly Beats Estimates as Fuel Costs Stay High

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Alaska Airlines Narrowly Beats Estimates as Fuel Costs Stay High Alaska Air Group Inc. earnings outlook slightly beat analyst predictions as the airline grapples with rising fuel prices from the war in the Middle East. The Seattle-based airline reported an adjusted loss per share for the second quarter of 92 cents on the dollar, compared with a loss of 99 cents expected by analysts.

Alaska Airlines Narrowly Beats Estimates as Fuel Costs Stay High Alaska Air Group Inc. earnings outlook slightly beat analyst predictions as the airline grapples with rising fuel prices from the war in the Middle East. The Seattle-based airline reported an adjusted loss per share for the second quarter of 92 cents on the dollar, compared with a loss of 99 cents expected by analysts. In the same period last year, the airline had earnings per share of $1.78.
Alaska Airlines (ORG) Alaska Air Group Inc. (ORG) the Middle East (LOCATION) Seattle (LOCATION)
Originally published by Bloomberg Markets Read original →