Alaska Air Group (NYSE: ALK) Thursday reported a pointy improve in adjusted earnings for the fourth quarter of 2024, reflecting a double-digit income development.
Fourth-quarter web earnings, adjusted for one-off gadgets, greater than doubled year-over-year to $0.97 per share. On a reported foundation, the corporate reported a web revenue of $71 million or $0.55 per share for This fall, in comparison with a lack of $2 million or $0.02 per share in the identical interval of 2023.
Revenues surged 38% year-over-year to $3.5 billion through the three months. The pretax margin for the fourth quarter was 2.2%, on a reported foundation.