Investing.com - Alaska Air reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Alaska Air announced earnings per share of $2.53 on revenue of $2.83. Analysts polled by Investing.com anticipated EPS of $2.39 on revenue of $2.81B.
Alaska Air shares are down 19% from the beginning of the year , still down 32.01% from its 52 week high of $61.55 set on Thursday, April 21, 2022.
Alaska Air follows other major Industrials sector earnings this month
Alaska Air's report follows an earnings missed by Lockheed Martin on Tuesday, July 19, 2022, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
ABB ADR had missed expectations on Thursday with third quarter EPS of $0.19 on revenue of $7.41B, compared to forecast for EPS of $0.38 on revenue of $7.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar