04:18 AM EST, 01/23/2025 (MT Newswires) -- Alaska Air Group ( ALK ) reported Q4 adjusted net income late Wednesday of $0.97 per share, up from $0.30 a year earlier.

Analysts polled by FactSet expected $0.47.

Operating revenue for the quarter ended Dec. 31 was $3.53 billion, up from $2.55 billion a year earlier.

Analysts surveyed by FactSet expected $3.44 billion.

For Q1, the airline group expects an adjusted loss of $0.70 to $0.50 per share. Analysts polled by FactSet expect a loss of $0.75.

For 2025, the company expects adjusted earnings of at least $5.75 per share. Analysts polled by FactSet expect $5.97.

Shares of the company were up more than 4% in Thursday's premarket activity.