Alaska Air Group Inc. (ALK) revealed earnings for its third quarter that advanced compared to the same period last year.
The company said its bottom line rose to $277 million, or $2.16 per share. This was up from $200 million, or $1.47 per share, in last year's third quarter.
Analysts had expected the company to earn $2.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 3.4% to $1.52 billion. This was up from $1.47 billion last year.
Alaska Air Group Inc. earnings at a glance:
-Earnings (Q3): $277 Mln. vs. $200 Mln. last year.
-Earnings Growth (Y-o-Y): 38.5%
-EPS (Q3): $2.16 vs. $1.47 last year.
-EPS Growth (Y-o-Y): 46.9%
-Analysts Estimate: $2.10
-Revenue (Q3): $1.52 Bln vs. $1.47 Bln last year.
-Revenue Change (Y-o-Y): 3.4%
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