Categories Earnings, Other Industries

Alaska Air Group (ALK): Q4 2019 Earnings Snapshot

— Alaska Air Group (NYSE: ALK) reported Q4 2019 earnings of $1.46 per share, vs. $1.41 expected.

— Revenues grew 8% to $2.22 billion, vs. $2.22 billion expected.

Alaska Air Group reports Q4 2019 earnings results

— Traffic rose 3.9% to 13.9 billion.

— Capacity rose 3.5% to 16.6 billion.

— Revenue per available seat miles (RASM) increased 4.2% to 13.38 cents.  

— Load factor increased 0.4 points to 83.7%.

— Economic fuel cost per gallon fell 6% to $2.21.

— ALK shares fell 3% immediately following the announcement.

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