Alaska Air Group Reports Q4 Earnings, Boosts Expectations

American Airlines (AAL) closed at $18.27, slightly down by 0.11%, while the stock has seen a 9.92% appreciation over the past month, outperforming both the Transportation sector and the S&P 500. The upcoming earnings report, scheduled for January 23, 2025, is anticipated to reveal an EPS of $0.64, up 120.69% from last year, with projected revenues of $13.42 billion. Meanwhile, Alaska Air Group (ALK) saw its stock close at $66.66, a decline of 1.16%, but it has gained 6.71% in the past month, also outperforming the sector and S&P 500. Alaska Air is expected to report earnings on January 23, 2025, with analysts projecting an EPS of $0.47, indicating a 56.67% increase year-over-year, alongside anticipated revenues of $3.51 billion. Both airlines are currently rated as 'Strong Buy' according to the Zacks Rank, reflecting favorable analyst estimates and positive market trends. Investors are closely monitoring these upcoming earnings releases as they could significantly impact stock performance.