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Stock impact report

Alaska Air Group, Inc. (ALK) Withdraws Guidance amid Spike in Oil Prices [Yahoo! Finance]

Alaska Air Group, Inc. (ALK) 
Last alaska air group, inc. earnings: 1/28 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.alaskaair.com/investors
Company Research Source: Yahoo! Finance
its 2026 financial guidance in response to the war in Iran triggering unpredictable changes in oil prices. Alaska Air Group, Inc. (ALK) Withdraws Guidance amid Spike in Oil Prices ESB Professional/Shutterstock.com The airline expects oil prices to average $4.75 a gallon in April and $4.50 in the second quarter, which is expected to result in an additional $600 million in expenses. Higher energy prices will also result in a $3.60 headwind to earnings per share. The warning came on the heels of the company delivering a wider-than-expected loss of $193 million, or $1.69 a share, compared to a loss of $166 million a year earlier. Revenue, on the other hand, was up 1% to $3.3 billion compared to $3.14 billion a year earlier, as premium demand continued to outperform. The first-quarter results were impacted by higher fuel prices and demand disruptions caused by rainstorms in Hawaii and civil unrest in Puerto Vallarta. Alaska Air Group, Inc. (NYSE:ALK) is a major airline holding co Show less Read more
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