Strong demand and limited capacity growth are set to push airfares higher. Aircraft delays have added to growth limitations.
American Airlines' cargo revenues increase 10.5% year over year in the fourth quarter of 2024.
American Airlines Group (AAL -7.80%) 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.m.
Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its earnings topped expectations in the most recent quarter.
American Airlines Group Inc. (NASDAQ:AAL ) Q4 2024 Earnings Conference Call January 23, 2025 8:30 AM ET Company Participants Scott Long - Vice President, Investor Relations and Corporate Development Robert Isom - Chief Executive Officer Devon May - Chief Financial Officer Steve Johnson - Vice Chair David Seymour - Chief Operating Officer Conference Call Participants Catherine O'Brien - Goldman Sachs Scott Group - Wolfe Research Jamie Baker - JPMorgan Securities Conor Cunningham - Melius Research Ravi Shanker - Morgan Stanley Duane Pfennigwerth - Evercore ISI Michael Linenberg - Deutsche Bank Brandon Oglenski - Barclays Alison Sider - Wall Street Journal Mary Schlangenstein - Bloomberg News Leslie Josephs - CNBC Operator Thank you for standing by and welcome to American Airlines Group's Fourth Quarter and Full-Year 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.
American Airlines Group Inc descended on Thursday after detailing losses would be steeper than analysts' expectations over the first quarter. Per share, adjusted losses were set to sit between US$0.20 and US$0.40 for the first three months of the year, against market projections for US$0.04.
American Airlines Group Inc (NASDAQ:AAL) is brushing off a fourth-quarter earnings and revenue beat as well as record annual sales , after it also issued a dismal fiscal first-quarter and 2025 forecast.
While the top- and bottom-line numbers for American Airlines (AAL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
American Airlines stock tumbled early Thursday after its Q1 guidance missed estimates. Alaska climbs on earnings beat, outlook.
American Airlines (AAL) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.29 per share a year ago.
American Airlines (AAL) shares slumped in premarket trading Thursday as the carrier's soft outlook outweighed stronger-than-expected fourth-quarter results.
Aviation industry giant American Airlines Group (AAL 0.11%) reported fourth-quarter and full-year 2024 financial results on Thursday, Jan. 23, that topped analyst consensus estimates. Revenue of $13.7 billion rose 4.6%, leading to an impressive profit of $0.86 per share against the forecasted $0.66.