Alaska Air Group (ALK) Tops Q4 EPS by 32c
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Alaska Air Group reports fourth quarter 2020 and full-year results
January 26, 2021 8:00 AM ESTSEATTLE, Jan. 26, 2021 /PRNewswire/ --
Financial Results:
Reported net loss for the fourth quarter and full year 2020 under Generally Accepted Accounting Principles (GAAP) of $430 million, or $3.47 per diluted share, and $1.3 billion, or $10.59 per diluted share. These results compare to fourth quarter 2019 net income of $181 million, or $1.46 per diluted share, and full year 2019 net income of $769 million, or $6.19 per diluted share. Reported adjusted net loss for the fourth quarter and full year 2020, excluding payroll support program wage offsets, special items, and mark-to-market fuel hedging adjustments, of $316 million, or $2.55 per diluted... More