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
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
