Diamond Member Pelican Press 0 Posted January 23 Diamond Member Share Posted January 23 This is the hidden content, please Sign In or Sign Up American Airlines (AAL) 4Q 2024 earnings An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images American Airlines’ first-quarter earnings This is the hidden content, please Sign In or Sign Up on Thursday fell short of analysts’ estimates, sending shares down more than 6%. The carrier forecast an adjusted loss per share of 20 cents to 40 cents for the first three months of 2025 based on current demand trends and fuel-price forecast, a wider loss than the 4 cents analysts were expecting, according to LSEG. The airline said it expects unit costs, excluding fuel, to rise in the low-single digit percentage points over the first quarter of 2024 driven by lower capacity, which it expects to fall as much as 2% over last year. Here is how American performed in the fourth quarter compared with Wall Street estimates compiled by LSEG: Earnings per share: 86 cents adjusted vs. 64 centsRevenue: $13.66 billion vs. $13.40 billion expected American’s fourth-quarter profit rose to $590 million from $19 million on sales that were up 4.6% on the year to $13.66 billion. Both domestic and international revenue rose, led by a surge in trans-Pacific revenue. This is breaking news. Check back for updates. This is the hidden content, please Sign In or Sign Up #American #Airlines #AAL #earnings This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/197315-american-airlines-aal-4q-2024-earnings/ Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now