American Airlines: Q2 Earnings Snapshot
- On Thursday, American Airlines Group Inc. reported second-quarter net income of $71 million, or 11 cents per share for the Fort Worth, Texas-based carrier.
- Revenue reached $16.74 billion for the period, surpassing the $16.7 billion average forecast from six analysts surveyed by Zacks Investment Research and beating Wall Street expectations.
- Adjusted earnings reached 15 cents per share, outpacing the 3 cents per share average estimate from Zacks Investment Research, while AAL stock climbed 18% over the last 12 months.
- Chief Executive Officer Robert Isom, Chief Commercial Officer Nat Pieper, and Chief Financial Officer Devon May presented results during the earnings conference call, fielding questions from analysts and media.
- American Airlines expects third-quarter results ranging from a loss of 70 cents to 10 cents per share, with full-year guidance spanning a loss of 65 cents to earnings of 65 cents per share.
33 Articles
33 Articles
Analysis-Fuel swings turn US airline earnings forecasts into moving targets
By Rajesh Kumar Singh CHICAGO, July 24 (Reuters) - A rapid rise in jet fuel prices is forcing U.S. airlines to rewrite earnings expectations, exposing how quickly higher fuel costs can outpace revenue gains from strong travel demand. American Airlines ...
Airlines fight headwinds: Southwest could cut more jobs, American reports double-digit profit decline
Rising fuel costs and geopolitical uncertainty are creating challenges for North Texas' hometown airlines. Southwest says additional layoffs remain on the table, while American's quarterly profit fell 88% despite record revenue. Read on to find out more.
American Airlines Just Got Hit With a Mixed Bag of News
American Airlines just dialed back its 2026 profit hopes again, blaming fuel costs that its higher ticket prices still aren't fully covering. The stock slid about 8% in early Thursday trading as the carrier warned it now expects anywhere from a 65-cent loss to a 65-cent profit per share this...
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