Thursday, Alaska Air Group Inc. (ALK) said its third-quarter net profit was $87.6 million or $2.46 per share, compared with a net loss of $86.5 million or $2.40 per share a year ago. On average, 9 analysts polled by Thomson Reuters expected the company to report earnings of $2.26 per share for the quarter.
Revenue for the quarter fell 9% to $967.4 million from $1.07 billion in the previous year. Analysts estimated revenues of $971.52 million for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.