---
title: "Alaska Airlines dips following weaker-than-expected 2026 earnings guidance"
description: "Alaska Airlines' shares fell 2% in after-hours trading following its fourth-quarter results, which showed adjusted earnings of $0.43 per share, surpassing expectations. However, the airline's 2026 ear"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/273439625.md"
published_at: "2026-01-23T00:01:26.000Z"
---

# Alaska Airlines dips following weaker-than-expected 2026 earnings guidance

> Alaska Airlines' shares fell 2% in after-hours trading following its fourth-quarter results, which showed adjusted earnings of $0.43 per share, surpassing expectations. However, the airline's 2026 earnings guidance of $3.50 to $6.50 per share is below analyst estimates of $5.52. The company anticipates a loss of $1.50 to $0.50 per share for the current quarter. Alaska Airlines recently ordered 110 Boeing jets to support international growth, planning to expand flights to Rome, London, and Iceland this summer.

Alaska Airlines, America’s fifth-largest airline, reported its fourth-quarter and full-year results for 2025 after the market closed Thursday. Its shares fell 2% in after hours trading.

The airline reported adjusted fourth-quarter earnings of $0.43 per share, beating the $0.11 expected by Wall Street analysts polled by FactSet. Its Q4 passenger revenue climbed 2**%** to $3.25 billion.

For the current quarter, Alaska guided for a 1% to 2% increase in capacity and an adjusted loss of $1.50 to $0.50 per share, compared to the $0.77 loss per share expected by analysts. The airline forecast full-year earnings of between $3.50 and $6.50 per share for 2026. The $5 per share midpoint falls short of analyst estimates of $5.52.

“To hit the higher end of our guidance range we would require sustained macroeconomic recovery in 2026, at or improving on trends seen in the first three weeks of the year, and for fuel prices to stabilize,” the company said in its report.

Earlier this month, the carrier placed its largest ever plane order, securing 110 Boeing jets to support its international growth ambitions. It plans to add flights to Rome, London, and Iceland this summer, and has said it will boost its premium seat offerings this year — in-line with a wider trend of travel trends reflecting a “K-shaped economy.”

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.