American Airlines The shares fell about 10% on Thursday after the gain prognosis of the third quarter of the carrier did not reach the expectations of Wall Street and the airline restored its financial prognosis of 2025 well below its perspective at the beginning of the year.
The CEO Robert Isom told the “Squawk Box” of CNBC that the results are driven by the weakness of the consumer, the demand for flat corporate trips that continued until the beginning of summer and the operational problems of a series of storms.
“Julio has been a difficult month … due to the national consumer weakness,” Isom said.
The demand seems better in the coming months, he said, and American is reducing the growth of his capacity.
Delta airlines and United Airlines Earlier this month, he said that the demand for travel has stabilized, although both carriers issued lower 2025 forecasts than at the beginning of the year.
American predicted on Thursday a loss per action adjusted by 2025 of up to 20 cents or profits of up to 80 cents, below the estimates of adjusted profits between $ 1.70 and $ 2.70 that he obtained in January. American, together with other airlines, achieved its financial perspective of 2025 in April when carriers dealt with internal tariffs and again and a weaker internal demand than expected.
For the third quarter, American said that he expects a loss adjusted by action of 10 cents to 60 cents, while the analysts surveyed by LSEG estimated a loss of 7 cents.
The airline said in a profit statement that it only awaits the lower end of its prognosis if “there should be macro weaknesses that are not seen today” and the upper end if the national travel market continues to improve.
The demand for national trips has been a weak point this year, although many American travelers have continued to fly abroad to popular destinations such as Japan and Italy. The revenue of American passengers per national seat mile, a price energy meter, fell more than 6% in the second quarter, while increased almost 3% for International.
This is how American served in the second quarter compared to Wall Street estimates compiled by LSE:
- Profit per action: 95 tight cents against 78 cents
- Revenue: $ 14.39 billion compared to $ 14.3 billion expected
In the three months ended on June 30, American revenues increased 0.4% to $ 14.39 billion, before expectations, while net income fell 16.5% to $ 599 million, or 91 cents per share. Adjusting the unique articles, American published profits of $ 628 million, or 95 cents per share, far ahead of the analysts' expectations.
Correction: This story has been updated to correct the profits per action for the second quarter.
