Alaska Air Group (ALK) Tops Q2 EPS by 3c
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Alaska Air Group reports Second Quarter 2018 Results
July 26, 2018 8:10 AM EDTSEATTLE, July 26, 2018 /PRNewswire/ --
Financial Highlights:
Reported net income for the second quarter under Generally Accepted Accounting Principles (GAAP) of $193 million, or $1.56 per diluted share, compared to net income of $293 million, or $2.36 per diluted share in the second quarter of 2017. As the company has recently implemented new accounting standards, including the standards relating to revenue recognition and retirement benefits, 2017 financial information has been adjusted. Reported second quarter 2018 adjusted diluted earnings per share of $1.66 compared to $2.48 reported in the second quarter of 2017. Second quarter adjusted net income excluding special items such as... More