03:35 AM EDT, 10/24/2025 (MT Newswires) -- Alaska Air Group ( ALK ) reported late Thursday Q3 adjusted earnings of $1.05 per share, down from $2.25 a year earlier.

Analysts polled by FactSet expected $1.09.

Operating revenue was $3.77 billion for the quarter ended Sept. 30, up from $3.07 billion a year earlier. Analysts surveyed by FactSet expected $3.76 billion.

For Q4, the company expects adjusted EPS of at least $0.40. Analysts polled by FactSet expect $0.88.

For 2025, Alaska Air ( ALK ) anticipates adjusted EPS of at least $2.40, down from a previous outlook of more than $3.25. Analysts surveyed by FactSet expect $2.93.