10:00 AM EDT, 10/31/2024 (MT Newswires) -- Alaska Air Group ( ALK ) shares rose 3.5% in recent trading Thursday after the company reported Q3 adjusted earnings of $2.25 per share, up from $1.83 a year earlier.

Analysts polled by Capital IQ expected $2.22.

Total operating revenue for the quarter ended Sept. 30 was $3.07 billion, up from $2.84 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.99 billion.

The company said it expects Q4 adjusted EPS of $0.20 to $0.40. Analysts surveyed by Capital IQ expect $0.50.

Price: 48.91, Change: +1.64, Percent Change: +3.47