Alaska Air Group (ALK) Q3 2026 earnings — TrendMatrix coverage

Adjusted EPS

-$0.31

Estimate

$0.28

Surprise

-211.0%

Score today

5.4/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Alaska Air Group (ALK) reported a wider loss than forecast — adjusted EPS of -$0.31 against the $0.28 estimate (a 211.0% shortfall).

• Alaska Air Group Reports Third-Quarter 2026 Financial Results — fiscal.ai, 2026-10-20
• Alaska Air Gr Q3 Adj. EPS $0.36 Beats $0.28 Estimate, Sales $4.308B Miss $4.314B Estimate — benzinga, 2026-10-20
• Alaska Air Gr Sees Q4 Adj EPS $(2.50)-$(2.00) vs $(0.98) Est — benzinga, 2026-10-20

TrendMatrix currently rates ALK Sell at 5.4/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's -211.0% surprise compares with a +21.9% four-quarter average.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$34.36

Price target

$49.56

Stop

$32.72

Upside to target

+44.2%

Reward-to-risk

5.0:1

Model outputs from TrendMatrix’s engine as of 2026-10-21 — shown for context, not personalized investment advice.

Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.

Industry

Airlines

Market cap

$3.83B

P/E (fwd)

10.2

52-week range

$33.03–$60.63

Off 52-week high

43.3%

RSI (14)

28

Volume vs avg

2.46×

Score today

5.4/10