02:26 PM EDT, 09/15/2025 (MT Newswires) -- (Updates with latest stock movement in the headline and first paragraph.)

Alaska Air ( ALK ) shares fell 5.3% in recent Monday trading after the company said it expects fiscal Q3 adjusted earnings at the low end of its $1 to $1.40 guidance range.

Analysts polled by FactSet expect $1.35.

Unit costs have been pressured by higher fuel expenses and "operational challenges" during the summer, the company said in a regulatory filing.

"Irregular operations, including weather and air traffic control issues, led to increased costs from overtime, premium pay and passenger compensation," the company said.

"Despite these pressures, revenue trends remain strong," the company said.

Price: 59.99, Change: -3.38, Percent Change: -5.33