Alaska Air Group - Airline Benefits from Travel and Tourism Boom!
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Business Driver: Alaska Airlines (ALK) has strengthened itself in recent years through numerous smaller acquisitions, significantly expanding its route network, including the acquisition of competitor Hawaiian Airlines. Thanks to restructuring and synergies related to the takeover, the company aims to increase its earnings per share to at least 10 USD by 2027. On January 22, the company surprised with an EPS of 43 cents (previous year: 97 cents), while the analyst consensus was at 12 cents per share. Additionally, it fell slightly short of analyst...
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