Reported Earlier, Alaska Air Group Expects Q3 EPS Of $1.40 - $1.60, Est $2.05
Portfolio Pulse from Benzinga Newsdesk
Alaska Air Group has reported that it expects its Q3 EPS to be between $1.40 and $1.60, which is below the estimated $2.05.
July 18, 2024 | 10:09 am
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Alaska Air Group has announced that its expected Q3 EPS will be between $1.40 and $1.60, which is significantly lower than the estimated $2.05. This could lead to a negative short-term impact on the stock price as investors react to the lower-than-expected earnings.
The expected Q3 EPS range of $1.40 to $1.60 is significantly below the estimated $2.05. This discrepancy is likely to disappoint investors and could result in a short-term decline in the stock price as the market adjusts to the lower earnings expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100