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.

Alaska Air Group Q4 2023 earnings infographic

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

  • Alaska Air Q4 2022 earnings infographic

Most Popular

Infographic: How Macy’s (M) performed in Q4 2023 financial results

Macy’s, Inc. (NYSE: M) reported fourth quarter 2023 earnings results today. Net sales were $8.1 billion, down 1.7% versus the same period a year ago. Total revenue dropped to $8.37

AZO Earnings: AutoZone’s Q2 2024 earnings rise on higher sales

AutoZone, Inc. (NYSE: AZO) announced financial results for the second quarter of 2024, reporting higher sales and net profit. The company had a total of 7,191 stores open at the end

SJM Earnings: Key quarterly highlights from J.M. Smucker’s Q3 2024 financial results

The J.M. Smucker Co. (NYSE: SJM) reported third quarter 2024 earnings results today. Net sales increased 1% year-over-year to $2.23 billion. Comparable sales increased 6%. Net income decreased 42% to

Add Comment
Viewing Highlight