earnings
confidence high
sentiment positive
materiality 0.80
Alaska Air Q2 beats: adj EPS $1.78, record rev ~$3.7B; guides FY EPS >$3.25
ALASKA AIR GROUP, INC.
2025-Q2 EPS
reported $0.05
vs consensus $1.56
▼ miss
(-96.8%)
- GAAP net income $172M ($1.42/share); adjusted net income $215M ($1.78/share), above prior guidance of $1.15-$1.65.
- Record quarterly revenue over $3.7B; RASM down 0.6% YoY (pro forma); premium revenue +5% YoY; cargo +34% YoY.
- Hawaiian Airlines turned adj pretax margin positive for first time since 2019; contributed 11-point margin improvement.
- Q3 adjusted EPS guided at $1.00-$1.40; July IT outage expected to impact by ~$0.10; full-year FY EPS >$3.25.
- Repurchased 8.7M shares for $428M in Q2; first transatlantic route Seattle-Rome announced for May 2026.
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