Alaska Air Group (ALK) Tops Q1 EPS by 6c

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Alaska Air Group reports First Quarter 2019 results

April 25, 2019 4:01 PM EDT

SEATTLE, April 25, 2019 /PRNewswire/ --

Financial Highlights:

Reported net income under Generally Accepted Accounting Principles (GAAP) of $4 million, or $0.03 per diluted share for the first quarter of 2019 and 2018. Reported net income for the first quarter of 2019, excluding special items such as merger-related costs and mark-to-market fuel hedge accounting adjustments, of $21 million, or $0.17 per diluted share, compared to $18 million or $0.14 per diluted share, in the first quarter of 2018. This quarter's adjusted results compare to the First Call analyst consensus estimate of $0.12 per share. Paid a $0.35 per-share quarterly... More