Alaska Air Q3 profit tops street view despite cost pressure

Earnings of Alaska Air Group (ALK) came in above analysts’ estimates in the third quarter helped by an increase in revenues, despite the high gasoline prices. Though the company’s shares picked up momentum soon after the report Thursday, they retreated as trading progressed. Reported profit dropped to $217 million or $1.75 per share from $259 … Continue reading Alaska Air Q3 profit tops street view despite cost pressure