American Airlines Group (NASDAQ: AAL) beat quarterly expectations, but its outlook for what's to come wasn't as rosy as some had hoped for. Investors are heading for the exits after the results, sending American shares down as much as 10% for the day and down 8% as of 12:30 p.
Global airline American Airlines (NASDAQ:AAL) announced in Q4 CY2024, with sales up 4.6% year on year to $13.66 billion. Its non-GAAP profit of $0.86 per share was 30.1% above analysts’ consensus estimates.
What Happened? Shares of global airline American Airlines (NASDAQ:AAL) fell 9.2% in the morning session after the company reported weak fourth-quarter results, with full-year EPS guidance missing Wall Street's estimates due to surging fuel costs and margin pressures from new labor agreements.
Apology Tour” to woo back corporate accounts lost during 2023 is expected to yield fruit by the end of 2025 but will continue to cost the company in profitability, at least in the first quarter of this year as revenue growth will lag its competitors.
American Airlines Group (NASDAQ:AAL) reported better-than-expected earnings for the third quarter of 2024, significantly surpassing analysts' forecasts. The airline achieved an earnings per share (EPS) of $0.
With American Airlines (NASDAQ:AAL) set to post results on Thursday, analysts are expecting a positive quarter from the U.S. carrier, fueled by strong travel demand during the holidays. Wall Street expects the Texas-based airline company to post EPS of $0.
Shares of American Airlines (NASDAQ:AAL) are taking on heavy losses in Thursday’s early trading as better-than-expected fourth quarter results that included record revenue were overshadowed by the carrier’s expectation for a sizable loss in the current quarter.
American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2024 financial results, including: “The American Airlines team achieved a number of important objectives in 2024,
American Airlines Group reported solid earnings growth that topped estimates, but guidance for Q1 2025 disappointed Wall Street.
American Airlines shares (AAL) tumbled Thursday, after the carrier predicted a bigger-than-expected quarterly loss. That outlook stood apart from rivals [United](
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Thursday's trading session is witnessing notable movements across various market cap categories, with mega-cap General Electric (NYSE:GE) surging ahead, while large-cap Electronic Arts Inc (NASDAQ:EA) faces a steep decline.