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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