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
ORCL Infographic: Oracle Q3 profit rises on higher revenues
Technology giant Oracle Corporation (NYSE: ORCL) Monday reported higher revenues and adjusted earnings for the third quarter of 2025. Total revenues increased to $14.13 billion in the February quarter from
eBay (EBAY): Here are a few strategic initiatives anticipated to fuel growth
Shares of eBay Inc. (NASDAQ: EBAY) fell over 4% on Monday. The stock has gained 8% year-to-date. The company delivered revenue and profit growth for the fourth quarter of 2024
After mixed Q2, can Costco navigate consumer caution and tariff woes?
Costco Wholesale Corporation’s (NASDAQ: COST) second-quarter report failed to impress the market as earnings missed estimates amid cautious consumer spending. The mixed results have come at a time when retailers,