Alaska Air Group (NYSE: ALK) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Alaska Air Group's revenues will increase 8.9% and EPS will grow 43.6%.

The average estimate for revenue is $1.13 billion. On the bottom line, the average EPS estimate is $0.56.

Revenue details
Last quarter, Alaska Air Group reported revenue of $1.13 billion. GAAP reported sales were 8.4% higher than the prior-year quarter's $1.04 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.70. GAAP EPS of $0.61 for Q4 were 31% lower than the prior-year quarter's $0.88 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 22.3%, 40 basis points worse than the prior-year quarter. Operating margin was 9.0%, 220 basis points better than the prior-year quarter. Net margin was 3.9%, 230 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $5.02 billion. The average EPS estimate is $5.61.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Alaska Air Group is outperform, with an average price target of $50.00.

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