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Benzinga
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Alaska Air Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. ALK earnings expected with 77 cents loss per share, improved from 92 cents. 2. Projected revenue is $3.16 billion, up from $2.23 billion last year. 3. Shares gained 2.9% to close at $44.94 on Tuesday. 4. Multiple analysts issue mixed ratings and price target adjustments for ALK. 5. JP Morgan raises target to $89; others decrease their expectations significantly.

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FAQ

Why Bearish?

Analysts have largely decreased price targets, reflecting cautious outlooks following earnings loss.

How important is it?

The earnings report and analyst ratings have significant implications for ALK stock valuation.

Why Short Term?

Upcoming earnings results could lead to immediate market reactions based on performance.

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