SEATTLE (AP) — SEATTLE (AP) — Alaska Air Group Inc. (ALK) on Tuesday reported a third-quarter loss of $147 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Seattle-based company said it had a loss of $1.32. Earnings, adjusted for non-recurring costs and pretax expenses, were 36 cents per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The airline posted revenue of $4.31 billion in the period, matching Street forecasts.

For the current quarter ending in December, Alaska Air expects its results to range from a loss of $2.50 per share to a loss of $2 per share.

Alaska Air shares have declined 32% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $34.36, a drop of 29% 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