Alaska Air Group Q1 Profit Rises - Quick Facts

(RTTNews) - Alaska Air Group, Inc. (ALK) reported first-quarter net income of $149 million or $1.12 per share, compared to $94 million or $0.68 per share, prior year. Adjusted earnings per share was $1.12, for the quarter.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $1.10 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $1.27 billion from $1.22 billion last year. Analysts expected revenue of $1.27 billion for the quarter.

"Our record first quarter results reflect lower fuel prices, but more importantly the tremendous loyalty of our customers in Seattle and across our system." said CEO Brad Tilden.