Alaska Air Ahead of Earnings

Published on Wednesday, 25 January 2012 10:08 Written by Christian Paolinetti

New York, January 25th (TradersHuddle.com) - Shares of Alaska Air Group, Inc. (NYSE:ALK) are trading higher by +2.33% ahead of its quarterly earnings release. Alaska Air , the Airline serving destinations within the state of Alaska and the West Coast of the United States is expected to release its quarterly results on January 26^th.

Wall Street Analysts consensus calls for a profit of $1.14 a share on $1.06 billion revenue.

Alaska Air estimates have a range of $0.32 a share. The high estimate calls for profit of $1.31 a share and the low estimate is calling for a profit of $0.99 a share, a year ago for the quarter the company reported $1.28 a share.

Alaska Air Group, Inc. (NYSE:ALK) is an airline holding company. The Company, through its subsidiaries, provides air service to passengers in multiple destinations. Alaska Air also provide freight and mail services, primarily to and within the state of Alaska and on the West Coast.

Other companies on the watch on this earnings event are Southwest Airlines Co. NYSE:LUV and US Airways Group, Inc. NYSE:LCC.