Seattle – Alaska Air Group Inc. (ALK) on Thursday reported third-quarter profit of $217 million.
On a per-share basis, the Seattle-based company said it had net income of $1.75. Earnings, adjusted for one-time gains and costs, were $1.91 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share.
The airline posted revenue of $2.21 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $2.2 billion.
