Alaska Air Group shares are trading lower after the company reported worse-than-expected Q2 sales results and cut its FY24 EPS guidance below estimates and issued Q3 EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Alaska Air Group shares are trading lower after the company reported worse-than-expected Q2 sales results and cut its FY24 EPS guidance below estimates and issued Q3 EPS guidance below estimates.
July 18, 2024 | 3:49 pm
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Alaska Air Group reported disappointing Q2 sales results and lowered its FY24 and Q3 EPS guidance below estimates, leading to a decline in its share price.
The company's worse-than-expected Q2 sales results and reduced EPS guidance for FY24 and Q3 indicate potential financial struggles, leading to a negative market reaction and a drop in share price.
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