Earnings Preview For Alaska Air Gr
Portfolio Pulse from Benzinga Insights
Alaska Air Gr (NYSE:ALK) is scheduled to release its quarterly earnings report on Thursday, 2024-01-25. Analysts predict an EPS of $0.18. Investors are looking for an earnings beat and positive guidance for future growth. Historically, ALK's stock price has shown sensitivity to earnings performance and guidance. Last quarter, ALK missed EPS estimates by $0.03, resulting in a 0.44% share price drop the following day. Over the past year, ALK shares have declined by 29.45%, indicating a bearish sentiment among long-term shareholders.
January 24, 2024 | 3:01 pm
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NEUTRAL IMPACT
Alaska Air Gr is expected to report an EPS of $0.18 for the latest quarter. Historical data shows that earnings misses have led to immediate stock price declines. With a year-long downward trend, the upcoming earnings report could be critical for investor sentiment.
The score is neutral (0) because while historical performance suggests that an earnings miss could negatively impact the stock price, an earnings beat and positive guidance could offset this effect. The relevance is 100 as the news is directly about ALK's earnings. The importance is set at 90 due to the potential for significant stock price movement following the earnings report. The confidence level is at 80, acknowledging the unpredictable nature of market reactions to earnings reports.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100