Alaska Air Q3 2021 Earnings Report
Key Takeaways
Alaska Air Group reported a net income of $194 million, or $1.53 per share, for the third quarter of 2021, compared to a net loss of $431 million, or $3.49 per share in the third quarter of 2020. The company's adjusted pre-tax margin for the third quarter of 2021 was 12%.
Reported net income of $194 million, or $1.53 per share.
Adjusted net income of $187 million, or $1.47 per share, compared to an analyst consensus estimate of $1.30 per share.
Generated adjusted pre-tax margin of 12%.
Held $3.2 billion in unrestricted cash and marketable securities.
Alaska Air
Alaska Air
Alaska Air Revenue by Segment
Forward Guidance
The third quarter marks a significant stride forward in Alaska Air Group's path to recovery. Alaska's goal from the beginning of the pandemic has been deliberate - scaling the business back up in a measured way, leveraging the company's strong balance sheet, and running a resilient operation, all with the aim of producing consistent industry-leading financial performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income