Analysts on Wall Street project that American Airlines (AAL) will announce quarterly earnings of $0.64 per share in its forthcoming report, representing an increase of 120.7% year over year. Revenues are projected to reach $13.42 billion, increasing 2.7% from the same quarter last year.The current level reflects a downward revision of 56.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pr ...

The market expects American Airlines (AAL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 23, 2025, might help the stock move higher if these key num ...

Earnings Report - American Airlines Group Inc (NASDAQ: AAL) will release its Q4 earnings report on January 23rd [1] - The consensus EPS estimate is $0 65 [1] - The consensus revenue estimate is $13 4B [1] - This would indicate an exceptional increase in EPS growth year-over-year [1] Analyst Background - Harrison is a financial analyst with professional experience in private equity, real estate, and economic research [1] - Harrison has an academic background in financial econometrics, economic forecasting, and global monetary economics [1] - Harrison has been writing on Seeking Alpha since 2018 and has closely followed the market for over a decade [1]

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. American Airlines (AAL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.American Airlines is a member of our Transportation group, which includes 131 d ...

Wildfire Impact on Airlines - American Airlines, United Airlines, Southwest Airlines, JetBlue Airways, and other carriers have waived fees for flight changes for travelers booked to Los Angeles due to power outages, water shortages, and damage to over 10,000 homes and structures [3] - American Airlines allows rebooking without change fees or fare differences for flights to or from Hollywood Burbank Airport, Los Angeles International Airport, Ontario International Airport, and John Wayne Airport until January 20 [4] - Southwest Airlines permits rebooking within 14 days of original travel dates without additional charges and allows changes to other California cities such as Palm Springs, Santa Barbara, and San Diego [5] Delta Air Lines Sales Impact - Delta Air Lines has seen a decline in sales for flights to Los Angeles, one of its busiest hubs, due to the wildfires, though the impact is not expected to be significant to the quarter [5][6] - Delta's president noted that while there is a decline in sales, there is no wholesale reduction or uptick in cancellations, and demand often increases after natural disasters due to rebuilding efforts [6][7]

Legal Ruling on ESG Investment Practices - A federal judge ruled that American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social, and other non-financial factors [1] - The judge stated that American breached its legal duty to make investment decisions solely based on the financial interests of 401(k) plan beneficiaries by allowing BlackRock to focus on ESG factors [2] - The ruling is the first of its kind amid growing conservative backlash against socially-conscious investing [1][3] Case Details and Parties Involved - The ruling followed a four-day non-jury trial in June, part of a class action lawsuit filed by American pilot Bryan Spence on behalf of over 100,000 retirement plan participants [4] - BlackRock, American's asset manager and a major shareholder, was not involved in the lawsuit [4] Judicial Commentary - The judge criticized American's "incestuous relationship" with BlackRock, stating that the company's corporate goals disloyally influenced the administration of the retirement plan [3]

U.S. stock markets witnessed an astonishing rally in the last two years. However, volatility reappeared on Wall Street in mid-December. The much-hyped Santa Claus rally did not materialize in the 2024-25 sessions. Markets have been fluctuating since the beginning of this year due to various reasons. We believe that volatility will continue to grip the U.S. stock markets at least in the near term.At this juncture, investors should be prepared to minimize fluctuations in their portfolio and consequently rebal ...

FORT WORTH, Texas, Jan. 09, 2025 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ:AAL) will webcast a live audio feed of its fourth-quarter and full-year 2024 financial results conference call with financial analysts and journalists on Thursday, Jan. 23, at 7:30 a.m. CT. The webcast will be available to the public on a listen-only basis at aa.com/investorrelations. An archive of the call will be available on the website through Feb. 23. About American Airlines GroupAs a leading global airline, American A ...

Industry Overview - The Zacks Airline industry is engaged in transporting passengers and cargo globally, utilizing a fleet of mainline jets and regional planes, supported by regional airline subsidiaries and third-party carriers [3] - The industry includes both legacy carriers and low-cost players, with its well-being closely tied to the overall economy [4] - The demand for air travel is currently strong, with a focus on boosting cargo revenues being a positive trend [4] Industry Performance and Valuation - The Zacks Transportation - Airline industry has gained 33.5% over the past year, outperforming the S&P 500's rise of 26.9% and the broader sector's decline of 1.6% [11] - The industry's forward 12-month price/sales (P/S) ratio is 1.15X, below the S&P 500's 5.47X and the sector's 1.79X [12] - Over the past five years, the industry's P/S ratio has ranged from 0.41X to 1.16X, with a median of 0.67X [12] Key Factors Driving the Industry - Upbeat passenger volumes, particularly in leisure travel, have driven strong top-line performance for airlines, with business travel also showing a positive comeback [5] - Low fuel costs, driven by a 14% decline in oil prices from July to September 2024, are benefiting the industry's bottom-line growth [6] - Labor costs are increasing due to post-COVID-19 labor shortages, leading to pay-hike deals and higher expenses for airlines [7] Earnings and Stock Performance - The Zacks Airline industry carries a Zacks Industry Rank 51, placing it in the top 20% of Zacks industries, indicating bright near-term prospects [8] - The industry's earnings estimate for 2025 has improved by 7.8% since August 2024, reflecting analyst optimism about earnings growth potential [9] - The top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [9] Recommended Stocks - **American Airlines (AAL)**: Based in Fort Worth, TX, AAL is benefiting from increased air travel demand and low fuel costs, with a 16.8% increase in the Zacks Consensus Estimate for 2025 earnings over the past 60 days [13] - **Alaska Air Group (ALK)**: Based in Seattle, WA, ALK is supported by rising air travel demand and a shareholder-friendly approach, with a 10% upward revision in the Zacks Consensus Estimate for 2025 earnings over the past 60 days [14] - **United Airlines (UAL)**: Based in Chicago, IL, UAL is experiencing strong air travel demand and benefits from new routes and an environmentally friendly approach, with a 3.5% upward revision in the Zacks Consensus Estimate for current-year earnings over the past 60 days [15]

The outlook for the Zacks Transportation - Airline industry is bright with the air travel demand scenario appearing rosy. Declining fuel costs also bode well for airlines. This is because expenses on fuel represent a key input cost for airlines.As a result, we believe that investors interested in the industry would do well to bet on stocks like United Airlines (UAL) , American Airlines (AAL) and Alaska Air Group (ALK) for higher returns.About the Industry The Zacks Airline industry players are engaged in tr ...