Alaska Air Group (ALK) Reports Q1 Loss, Lags Revenue Estimates

Alaska Air Group (ALK) came out with a quarterly loss of $0.77 per share versus the Zacks Consensus Estimate of a loss of$ 0.72. This compares to loss of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.94%. A quarter ago, it was expected that this airline would post earnings of$ 0.47 per share when it actually produced earnings of $0.97, delivering a surprise of 106.38%.Over the last four quarters, the company has sur ...