Alaska Air Group (ALK) reported $3.63 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 2.8%. EPS of $0.43 for the same period compares to $0.97 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.65 billion, representing a surprise of -0.51%. The company delivered an EPS surprise of +308.75%, with the consensus EPS estimate being $0.11.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alaska Air performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Passenger Load Factor: 81.5% versus the five-analyst average estimate of 83.5%.
- Economic fuel cost per gallon: $2.52 versus $2.64 estimated by four analysts on average.
- Available seat miles (ASM): 23.24 billion compared to the 24.16 billion average estimate based on four analysts.
- Total revenue per ASM (RASM): 15.63 cents versus 15.51 cents estimated by four analysts on average.
- Revenue passenger miles (RPM): 18.94 billion compared to the 20.25 billion average estimate based on four analysts.
- Passenger Yield: 17.15 cents compared to the 16.62 cents average estimate based on three analysts.
- Operating expenses per ASM, excluding fuel and special items: 11.72 cents compared to the 11.62 cents average estimate based on three analysts.
- Fuel gallons: 287.00 Mgal compared to the 311.73 Mgal average estimate based on three analysts.
- Total Passenger Revenue: $3.25 billion versus the five-analyst average estimate of $3.36 billion.
- Revenue- Loyalty program other revenue: $238 million versus the four-analyst average estimate of $221.78 million.
- Revenue- Cargo and other: $146 million versus the four-analyst average estimate of $150.64 million. The reported number represents a year-over-year change of +10.6%.
- Operating Revenues- Passenger - Hawaiian: $728 million versus $738.5 million estimated by two analysts on average.
View all Key Company Metrics for Alaska Air here>>>
Shares of Alaska Air have returned -4.7% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Alaska Air Group, Inc. (ALK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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