Filing Flows › Alaska Air Group (ALK) › Guidance history
Alaska Air Group (ALK) guidance history: what it guided and what it reported
Alaska Air Group gave guidance in 10 earnings releases on file since Apr 18, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Tax rate: 1 of 2, on average +0.3 pts against the guided midpoint. Its releases raised guidance 5 times and lowered it 0 times.
Net income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $395M (Jan 22, 2026) | — | to be reported | — |
| Q1 2026 | $71.0M (Jan 22, 2026) | — | — | — |
Tax rate
Met or beat 1 of 2 periods (1 above, 0 within, 1 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | 20.0% (Oct 20, 2026) | — | to be reported | — |
| Q3 2026 | 35.0% (Jul 21, 2026) | — | — | — |
| FY2026 | 32.0% (Apr 20, 2026) | — | to be reported | — |
| Q4 2025 | 32.0% (Oct 24, 2025) | 30.0% | below the range | -2.0 pts |
| FY2024 | 25.0% (Apr 18, 2024) | 27.5% | above the range | +2.5 pts |
| Q4 2024 | 28.0% (Oct 31, 2024) | — | — | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $0.00–$1.00 (Jul 21, 2026) | — | — | — |
| Q4 2024 | $0.20–$0.40 (Oct 31, 2024) | — | — | — |
| FY2024 | $3.25–$5.25 (Apr 18, 2024) → lowered $3.50–$4.50 (Oct 31, 2024) | — | — | — |
| Q2 2024 | $2.20–$2.40 (Apr 18, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $1.2B–$1.3B (Apr 18, 2024) | $293M (GAAP) | not judged | — |
GAAP EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 2026 | $0.18 (Jan 22, 2026) | — | — | — |
| FY2025 | $1.42 (Jul 23, 2025) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | −$5.50–−$5.00 (Oct 20, 2026) | — | to be reported | — |
| Q2 2026 | −$1.00 (Apr 20, 2026) | — | — | — |
| Q1 2026 | $0.43 (Jan 22, 2026) | — | — | — |
| Q4 2025 | $2.50–$2.60 (Oct 24, 2025) | — | — | — |
| Q3 2025 | $1.00–$1.40 (Jul 23, 2025) | — | — | — |
| Q2 2025 | $1.15–$1.65 (Apr 23, 2025) | — | — | — |
| FY2025 | $5.75 (Jan 22, 2025) → lowered $1.78 (Jul 23, 2025) → raised $2.40 (Oct 24, 2025) | — | — | — |
| Q1 2025 | −$0.70–−$0.50 (Jan 22, 2025) | — | — | — |
The latest quarter
Alaska Air Group, Q3 2026: revenue $4.3B (+14% year over year), operating margin 1.9%, net loss $147M, operating cash flow $149M. The chart follows the revenue to costs, profit and cash.
Questions
Does Alaska Air Group beat its guidance?
Alaska Air Group gave guidance in 10 earnings releases on file since Apr 18, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Tax rate: 1 of 2, on average +0.3 pts against the guided midpoint.
How often does Alaska Air Group raise guidance?
Its earnings releases raised guidance 5 times and lowered it 0 times since Apr 18, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.