Alaska Air Group (NYSE: ALK) reported Q2 EPS of $2.12, $0.03 better than the analyst estimate of $2.09. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.5 billion.

Quarter Highlights:

• Grew passenger revenues by 3% compared to the second quarter of 2015.
• Expanded adjusted pre-tax margins from 25.7% in the second quarter of 2015, to 28.4% in the second quarter of 2016.
• Achieved 25.3% adjusted pre-tax margin on a trailing twelve month basis.
• Achieved return on invested capital of 25.9% for the 12-month period ending June 30, 2016, compared to 22.0% for the 12-month period ending June 30, 2015.
• Lowered adjusted debt-to-capitalization ratio to 25% as of June 30, 2016.
• Held $1.6 billion in unrestricted cash and marketable securities as of June 30, 2016.

For earnings history and earnings-related data on Alaska Air Group (ALK) click here.