Alaska Air Group (ALK) Projected to Release Quarterly Earnings on Tuesday

Key Points

• Alaska Air Group is expected to report Q3 2026 earnings after Tuesday’s market close. Analysts project EPS of $0.3924 and revenue of $4.31 billion, compared with company guidance ranging from $0.00 to $1.00 EPS.
• The airline reported a Q2 loss of $0.92 per share, though it beat estimates and revenue rose 9.7% year over year to $4.07 billion. Analysts expect a full-year loss of $3.26 per share before a projected $3.88 profit next year.
• ALK shares opened at $38.11, down 3.2%, well below the analyst consensus price target of $57.62. Despite mixed ratings—including a recent downgrade to “sell” from Citigroup—the stock has a “Moderate Buy” consensus, and CEO Benito Minicucci recently purchased 25,000 shares.

Alaska Air Group (NYSE:ALK - Get Free Report) is expected to post its Q3 2026 results after the market closes on Tuesday, October 20th. Analysts expect Alaska Air Group to post earnings of $0.3924 per share and revenue of $4.31 billion for the quarter. Alaska Air Group has set its Q3 2026 guidance at 0.000-1.000 EPS. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 11:30 AM ET.

Alaska Air Group (NYSE:ALK - Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The transportation company reported ($0.92) EPS for the quarter, topping analysts' consensus estimates of ($0.99) by $0.07. Alaska Air Group had a negative return on equity of 3.11% and a negative net margin of 1.19%. The firm had revenue of $4.07 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same period last year, the company earned $1.42 earnings per share. The business's revenue for the quarter was up 9.7% on a year-over-year basis. On average, analysts expect Alaska Air Group to post ($3.26) EPS for the current fiscal year and $3.88 EPS for the next fiscal year.

Alaska Air Group Stock Down 3.2%

Shares of NYSE ALK opened at $38.11 on Tuesday. Alaska Air Group has a 52 week low of $33.03 and a 52 week high of $60.63. The business has a 50-day simple moving average of $42.25 and a two-hundred day simple moving average of $43.29. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 1.58. The company has a market cap of $4.25 billion, a P/E ratio of -24.27 and a beta of 1.33.

Insider Transactions at Alaska Air Group

In related news, CEO Benito Minicucci bought 25,000 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The stock was bought at an average cost of $40.06 per share, for a total transaction of $1,001,500.00. Following the acquisition, the chief executive officer directly owned 256,582 shares of the company's stock, valued at $10,278,674.92. The trade was a 10.80% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Andrew Harrison sold 5,300 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $49.67, for a total value of $263,251.00. Following the transaction, the executive vice president owned 25,528 shares in the company, valued at approximately $1,267,975.76. The trade was a 17.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

ALK has been the topic of a number of research analyst reports. BMO Capital Markets set a $50.00 price target on shares of Alaska Air Group and gave the stock an "outperform" rating in a report on Monday, September 28th. Susquehanna dropped their price objective on shares of Alaska Air Group from $55.00 to $50.00 and set a "positive" rating for the company in a report on Wednesday, October 7th. Barclays set a $52.00 target price on shares of Alaska Air Group and gave the stock an "overweight" rating in a research report on Friday, September 11th. Citigroup reduced their target price on Alaska Air Group from $47.00 to $37.00 and set a "sell" rating on the stock in a research note on Friday, July 24th. Finally, Bank of America increased their target price on Alaska Air Group from $60.00 to $65.00 and gave the company a "buy" rating in a research note on Wednesday, July 1st. Ten research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $57.62.

About Alaska Air Group

Alaska Air Group, Inc is an airline holding company headquartered in Seattle, Washington. Its principal subsidiaries are Alaska Airlines and Hawaiian Airlines, which provide scheduled passenger and cargo air transportation, as well as Horizon Air, a regional airline that operates flights for Alaska Airlines. The group also owns McGee Air Services, an aviation services provider.

Alaska Airlines serves destinations across Alaska, the contiguous United States, Canada, Mexico, and other locations in North America.

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