An American Airlines Boeing 787-8 Dreamliner takes off from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California.
Kevin Carter | Getty Images
American airlinesThe first-quarter earnings outlook on Thursday came in below analysts’ estimates, sending shares down more than 6%.
The carrier projects an adjusted loss per share of 20 to 40 cents for the first three months of 2025, based on current demand trends and fuel price forecasts, a wider loss than the 4 cents expected by analysts , according to LSEG.
The airline said it expects unit costs, excluding fuel, to increase by a low single-digit percentage during the first quarter of 2024, driven by lower capacity, which is expected to decline up to 2% compared to last year.
Here’s American’s fourth-quarter performance compared to Wall Street estimates compiled by LSEG:
- Earnings per share: 86 cents adjusted versus 64 cents
- Income: $13.66 billion versus $13.40 billion expected
American’s fourth-quarter profit rose to $590 million, up from $19 million on sales up 4.6 percent on the year to $13.66 billion. Domestic and international revenues have increased, driven by an increase in transpacific revenues.
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