Buckingham Research Downgrades Alaska Air (ALK) to Neutral
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Alaska Air Group Reports Record First Quarter 2016 Results
April 21, 2016 8:02 AM EDTSEATTLE, April 21, 2016 /PRNewswire/ --
Financial Highlights:
Reported record first quarter net income, excluding special items, of $183 million, a 23% increase over the first quarter of 2015. Adjusted diluted earnings per share of $1.45 was a 29% increase over the first quarter of 2015. This quarter's results exceed First Call analyst consensus estimate of $1.42 per share. Reported net income for the first quarter under Generally Accepted Accounting Principles (GAAP) of $184 million or $1.46 per diluted share, compared to net income of $149 million, or $1.12 per diluted share in 2015. Paid $0.275 per-share quarterly cash dividend in the... More