Alaska Air forecasts third-quarter profit below expectations as fuel price rise bites

Alaska Air Group, Inc.
United Airlines Holdings
Delta Air Lines, Inc.

Alaska Air Group, Inc.

ALK

0.00

United Airlines Holdings

UAL

0.00

Delta Air Lines, Inc.

DAL

0.00

July 21 (Reuters) - Alaska Air ALK.N on Tuesday forecast third-quarter profit below Wall Street estimates as renewed U.S.-Iran fighting pushed fuel prices higher again.

The Seattle-based airline expects third-quarter adjusted profit to be in the range of $0 per share to $1 per share. The midpoint of 50 cents compares with analysts' average estimate of $1.38 per share, according to data compiled by LSEG.


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