Alaska Air Group Inc.’s stock slid 1.4% in premarket trade Thursday, after the regional airline posted a wider-than-expected loss for the first quarter. The...
Alaska Air Group Inc.’s stock ALK slid 1.4% in premarket trade Thursday, after the regional airline posted a wider-than-expected loss for the first quarter. The carrier had a net loss of $142 million, or $1.11 a share, for the quarter, after a loss of $143 million, or $1.14 a share, in the year-earlier period. Its adjusted per-share loss was 62 cents, wider than the 48 cent FactSet consensus. Revenue rose to $2.196 billion from $1.681 billion, squeaking ahead of the $2.
4% in premarket trade Thursday, after the regional airline posted a wider-than-expected loss for the first quarter. The carrier had a net loss of $142 million, or $1.11 a share, for the quarter, after a loss of $143 million, or $1.14 a share, in the year-earlier period. Its adjusted per-share loss was 62 cents, wider than the 48 cent FactSet consensus. Revenue rose to $2.196 billion from $1.681 billion, squeaking ahead of the $2.195 billion FactSet consensus.
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