Alaska Air Group reported a net income of $220 million, or $1.71 per share, for the second quarter of 2024. The company achieved a completion rate of 99.5% and reached a tentative agreement with Alaska flight attendants. Record quarterly revenue was achieved with an adjusted pretax margin of 15.8%.
Reported net income of $220 million, or $1.71 per share.
Adjusted net income was $327 million, or $2.55 per share.
Generated $580 million in operating cash flow.
Completion rate of 99.5%, among the highest in the industry.
The report provides outlook for the third quarter ending September 30, 2024 and full year 2024.
Analyze how earnings announcements historically affect stock price performance