Alaska Air Group Q4 Earnings Call Highlights

Chief Financial Officer Shane Tackett added that fourth-quarter adjusted EPS exceeded the early-December guidance by 0.33,attributingroughlyhalfoftheoutperformancetobetternonfuelcostperformance,withtheremainderdrivenbylowerDecemberfuelcostsasWestCoastrefiningmarginsnormalizedandalowertaxrateduetohigherearnings.CEOBenMinicuccisaidAlaskaAirGroupdeliveredadjustedearningspershare(EPS)of0.33, attributing roughly half of the outperformance to better non-fuel cost performance, with the remainder driven by lower December fuel costs as West Coast refining margins normalized and a lower tax rate due to higher earnings.CEO Ben Minicucci said Alaska Air Group delivered adjusted earnings per share (EPS) of 0.43 in the fourth quarter and $2.44 for the full year, “both ahead of our ...

Alaska Air Group Q4 Earnings Call Highlights - Reportify