The earnings call highlighted strong financial performance, successful acquisition integration of Hawaiian Airlines, and strategic initiatives that exceeded expectations. Despite some challenges with international travel to Hawaii and increased unit costs, the overall performance and outlook remain positive, with significant achievements like record revenue, corporate travel recovery, and major share repurchase programs signaling confidence in future growth.

Company Guidance

In the Q4 2024 earnings call, Alaska Air Group (ALK) provided comprehensive guidance showcasing robust financial performance and strategic initiatives. The company reported a Q4 GAAP net income of $71 million and a full-year income of $395 million, with adjusted figures reaching $125 million and $625 million respectively. ALK exceeded its guidance with an adjusted EPS of $0.97 for Q4 and $4.87 for the entire year, achieving a full-year adjusted pretax margin of 7.1%. The quarter saw $3.5 billion in revenue, a 10% increase year-over-year, and a remarkable $248 million in share repurchases in December, culminating in over $300 million for the year. Looking ahead to 2025, ALK expects EPS to surpass $5.75 and aims to unlock $1 billion in incremental pretax profit over the next three years through commercial initiatives and at least $500 million in synergies. The guidance reflects a strategic focus on integrating Hawaiian Airlines, optimizing network synergies, and expanding international routes, with a projected capacity growth of 2%-3% and positive momentum in both legacy Alaska and Hawaiian operations.

Record Revenue in Q4

Achieved a record $3.5 billion in revenue, up nearly 10% year-over-year with unit revenues up 7%.

Strong Full Year Performance

Full year GAAP net income of $395 million and adjusted net income of $625 million, with an adjusted EPS of $4.87, exceeding guidance.

Successful Acquisition Integration

Hawaiian Airlines acquisition completed, contributing positively with better-than-expected Q4 performance.

Significant Share Repurchase Program

$248 million in shares repurchased in December, initiating a new $1 billion share repurchase program.

Improvements in Corporate Travel and Premium Cabins

Corporate travel revenues up 35% in December; First and Premium Class revenues increased by 10% and 11% year-over-year respectively.

Record Employee Bonuses

Record $300 million bonus payout to employees due to strong financial performance.

Seattle Hub Banking Success

Connecting passengers via Seattle up nearly 20% in February.

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Alaska Air (DE:ALK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DE:ALK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 26, 2018	2018 (Q2)	- / 1.60	2.417	-33.86% (-0.82)	―	―
Oct 25, 2018	2018 (Q3)	- / 1.84	2.157	-14.73% (-0.32)	―	―
Jan 24, 2019	2018 (Q4)	- / 0.72	0.799	-9.64% (-0.08)	―	―
Apr 25, 2019	2019 (Q1)	- / 0.16	0.135	21.43% (+0.03)	―	―
Jul 25, 2019	2019 (Q2)	- / 2.09	1.599	30.72% (+0.49)	―	―
Oct 24, 2019	2019 (Q3)	- / 2.53	1.84	37.70% (+0.69)	―	―
Jan 28, 2020	2019 (Q4)	- / 1.41	0.722	94.67% (+0.68)	―	―
May 05, 2020	2020 (Q1)	- / -0.79	0.164	-582.35% (-0.95)	―	―
Jul 23, 2020	2020 (Q2)	- / -3.41	2.09	-263.13% (-5.50)	―	―
Oct 22, 2020	2020 (Q3)	- / -3.11	2.533	-222.81% (-5.64)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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DE:ALK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 23, 2025	€67.04	€66.98	-0.09%
Oct 31, 2024	€43.22	€45.15	+4.47%
Jul 17, 2024	€36.97	€36.29	-1.84%
Apr 18, 2024	€38.35	€39.97	+4.22%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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