Alaska Air Group (ALK) Tops Q3 EPS by 11c

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Alaska Air Group reports third quarter 2019 results

October 24, 2019 4:01 PM EDT

SEATTLE, Oct. 24, 2019 /PRNewswire/ --

Financial Highlights:

Reported net income for the third quarter of 2019 under Generally Accepted Accounting Principles (GAAP) of $322 million, or $2.60 per diluted share, compared to net income of $217 million, or $1.75 per diluted share in the third quarter of 2018. Reported net income for the third quarter of 2019, excluding merger-related costs and mark-to-market fuel hedge accounting adjustments, of $326 million, or $2.63 per diluted share, compared to $237 million or $1.91 per diluted share, in the third quarter of 2018. This quarter's adjusted results compare to the First Call analyst consensus estimate of... More