Alaska Air Group (ALK) Misses Q3 EPS by 8c
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Alaska Air Group reports Third Quarter 2017 results
October 25, 2017 8:01 AM EDTSEATTLE, Oct. 25, 2017 /PRNewswire/ --
Financial Highlights:
Reported net income for the third quarter under Generally Accepted Accounting Principles ("GAAP") of $266 million or $2.14 per diluted share, compared to net income of $256 million, or $2.07 per diluted share in 2016. As the acquisition of Virgin America Inc. ("Virgin America") closed on Dec. 14, 2016, third quarter 2017 information reflects the results of Virgin America, including the impacts associated with purchase accounting. Third quarter 2016 results do not include Virgin America. Reported third quarter net income, excluding merger-related costs and mark-to-market fuel hedging adjustments, of $278 million, compared to $272... More