Analyst ups Alaska Air Group earnings estimate

One Seattle stock analyst is bullish on Alaska Air Group Inc. Mike Roarke of McAdams Wright Ragen said he?s impressed with the company?s current operating performance, and he upgraded his 2010 earnings-per-share estimate to $6.90 from $6.40. Analysts polled by Thomson Reuters First Call expect fiscal 2010 earnings of $6.70 for the Seattle-based parent (NYSE: ALK) of Alaska Airlines and Horizon Air. ?The revision is driven by better than expected revenue trends in the fourth quarter,?...

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