Categories AlphaGraphs, Earnings, Industrials
ALK Earnings: Alaska Air Group Q4 adj. profit falls; revenue up 3%
Alaska Air Group (NYSE: ALK) Thursday reported a sharp fall in adjusted earnings for the fourth quarter of 2023 when the airline company’s revenues increased modestly.
Net income, adjusted for one-off items, declined 67% annually to $0.30 per share in the December quarter. On a reported basis, it was a net loss of $2 million or $0.02 per share in Q4, compared to a profit of $22 million or $0.17 per share in the same period of 2022.
Meanwhile, fourth-quarter revenues increased 3% year-over-year to $2.55 billion. The company generated $1.1 billion of operating cash flow in the whole of fiscal 2023.
Prior Performance
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
