BUZZ-Alaska Air says Q3 combined results to be on 'better end' of range; shares rise

Reuters10-21

** Shares of Alaska Air Group rise 2% to $45 in early trade

** Co sees Q3 2024 combined results to be on "better end" of previously forecasted EPS range, inclusive of 13 days of Hawaiian Airlines' results

** Co forecasted on Sept 12 Q3 profit to be in range of $2.15 to $2.25 per share

** Co completed $1.9 bln acquisition of Hawaiian Airlines on Sept 18

** Says rev trends experienced throughout Q3 are continuing into Q4, with strong advanced booking performance for both the ALK and Hawaiian networks

** Co to report Q3 results on Oct 31

** Up to last close, stock up 15% YTD

(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment