Alaska Air Group (ALK) Reports In-Line Q2 EPS
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Alaska Air Group reports second quarter 2017 results
July 26, 2017 8:00 AM EDTSEATTLE, July 26, 2017 /PRNewswire/ --
Financial Highlights:
Reported net income for the second quarter under Generally Accepted Accounting Principles ("GAAP") of $296 million or $2.38 per diluted share, compared to net income of $260 million, or $2.10 per diluted share in 2016. As the acquisition of Virgin America Inc. ("Virgin America") closed on Dec. 14, 2016, second quarter 2017 information reflects the results of Virgin America, including the impacts associated with purchase accounting. Second quarter 2016 results do not include Virgin America. Reported second quarter net income, excluding merger-related costs and mark-to-market fuel hedging adjustments, of $312 million, compared to $263... More