Alaska Air Group Sees Q4 Total Revenue % Change Versus 2022 To Be 2.25%-3.25% Vs Previous Expectation 1%-4%
Portfolio Pulse from Benzinga Newsdesk
Alaska Air Group has updated its Q4 total revenue percentage change forecast for 2022 to be between 2.25% and 3.25%, compared to its previous expectation of 1% to 4%.
December 14, 2023 | 11:07 am
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Alaska Air Group has refined its Q4 revenue growth expectations, now anticipating a narrower range of 2.25%-3.25% compared to the previously forecasted 1%-4%.
The updated revenue forecast by Alaska Air Group suggests a more confident and positive outlook, which could be perceived positively by investors. The narrowing of the forecast range indicates that the company has better visibility into its financial performance, which may reduce uncertainty and could lead to a short-term positive impact on the stock price.
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