earnings
confidence high
sentiment positive
materiality 0.75
Alaska Air Q4 adj EPS $0.92; FY22 record rev $9.6B; share buyback up to $100M
ALASKA AIR GROUP, INC.
2022-FY EPS reported
$0.45
revenue$9,646,000,000
- Q4 GAAP net income $22M ($0.17/sh); adjusted net income $118M ($0.92/sh).
- FY22 record revenue $9.6B, up 10% vs 2019; adjusted net income $556M ($4.35/sh).
- Plans to resume share repurchases in early 2023, targeting $75M-$100M to offset dilution.
- Converted 52 Boeing 737 MAX options to firm deliveries; added 105 delivery positions for 2026-2030.
- Employees earned $257M in performance bonuses, equivalent to 10.5% of annual pay.