Alaska Air Group Sees FY24 Adj. EPS $3.50-$4.50 Vs $4.38 Est.
Portfolio Pulse from Benzinga Newsdesk
Alaska Air Group has revised its fiscal year 2024 adjusted earnings per share (EPS) guidance to a range of $3.50 to $4.50, compared to the previous estimate of $4.38.
October 31, 2024 | 12:58 pm
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Alaska Air Group has adjusted its FY24 EPS guidance to $3.50-$4.50, which is lower than the previous estimate of $4.38. This revision may impact investor sentiment and stock price.
The downward revision in EPS guidance suggests potential challenges in meeting previous earnings expectations, which could lead to negative investor sentiment and a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100