Reports Q1 revenue $2.23B, consensus $2.19B. “I want to recognize Alaska’s employees for their uncompromising prioritization of safety, for taking great care of our guests, and for delivering strong performance in the first quarter,” said CEO Ben Minicucci. “Despite significant challenges to start the year our results have far exceeded initial expectations. Thanks to thoughtful capacity planning, network optimization, and diligent cost control, we are well positioned to carry our strong performance into the second quarter and beyond.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALK:
- Alaska Air Group reports first quarter 2024 results
- Alaska Air Group (ALK) Q1 Earnings Cheat Sheet
- Options Volatility and Implied Earnings Moves This Week, April 15 – April 19, 2024
- Southwest price target lowered to $30 from $34 at BofA
- Airlines, unions urge Biden to halt approval of more China flights, Reuters says
