Alaska Air Group reported strong fourth-quarter results, with a net income of $181 million, or $1.46 per diluted share. Adjusted net income, excluding merger-related costs and fuel hedging adjustments, was also $181 million, or $1.46 per diluted share. The company saw an 8% increase in passenger revenues compared to the fourth quarter of 2018.
Reported GAAP net income of $181 million, or $1.46 per diluted share.
Reported adjusted net income of $181 million, or $1.46 per diluted share, excluding merger-related costs and mark-to-market fuel hedging adjustments.
Passenger revenues grew by 8% compared to the fourth quarter of 2018.
Held $1.5 billion in unrestricted cash and marketable securities as of December 31, 2019.
No specific forward guidance was found in the provided document.
Analyze how earnings announcements historically affect stock price performance