secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALASKA AIR GROUP, INC. (ALK)
CIK:        0000766421
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0000766421-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alaska Air Q4 adj EPS $0.97 beats $0.40-0.50 guide; FY25 adj EPS >$5.75
-----------------------------------------------------------------------

- Q4 adjusted EPS $0.97 vs guidance $0.40-$0.50; GAAP EPS $0.55 on $71M net income.
- Full year 2024 adjusted EPS $4.87 (beat prior guide); record revenue $11.7B.
- Q4 capacity +2.5% vs pro forma 2023, RASM +7.0%, CASMex +8.6% (better than guide).
- Repurchased ~$250M shares in Q4; authorized new $1B buyback over 4 years.
- FY2025 guide: adj EPS >$5.75; Q1 2025 adj EPS loss ($0.70)-($0.50).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766421/000076642125000005/0000766421-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766421/000076642125000005/alk-20250122.htm
  HTML page:      https://secwatch.observer/filing/0000766421-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer