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Alaska Air: Q1 Earnings Snapshot

SEATTLE (AP) — SEATTLE (AP) — Alaska Air Group Inc. (ALK) on Monday reported a loss of $193 million in its first quarter.

The Seattle-based company said it had a loss of $1.69 per share. Losses, adjusted for non-recurring costs, came to $1.68 per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.61 per share.

The airline posted revenue of $3.3 billion in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $3.27 billion.

Alaska Air shares have declined 14% since the beginning of the year. In the final minutes of trading on Monday, shares hit $43.48, falling slightly in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALK at https://www.zacks.com/ap/ALK

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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