An American Airlines Boeing 787-8 Dreamliner departs Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California.
Kevin Carter | fake images
american airlinesThursday's first-quarter earnings outlook missed analyst estimates, sending the stock down more than 6%.
The airline forecast an adjusted per-share loss of 20 cents to 40 cents for the first three months of 2025 based on current demand trends and the fuel price forecast, a larger loss than the 4 cents analysts were expecting. according to LSEG.
The airline said it expects unit costs, excluding fuel, to increase by single-digit percentage points during the first quarter of 2024 driven by lower capacity, which it expects to fall by up to 2% from last year.
Here's how American performed in the fourth quarter compared to Wall Street estimates compiled by LSEG:
- Earnings per share: Adjusted 86 cents vs. 64 cents
- Revenue: $13.66 billion vs. $13.4 billion expected
American's fourth-quarter profit rose to $590 million from $19 million on sales that rose 4.6% year over year to $13.66 billion. Both domestic and international revenues increased, driven by an increase in trans-Pacific revenues.
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