Key TakeawaysAmerican Airlines beat profit and sales forecasts for the fourth quarter as it benefited from higher demand for air travel.The largest U.S. carrier also predicted full-year 2024 earnings per share above analysts' estimates.American cut its debt by more than $500 million in the fourth quarter of 2023, and $3.2 billion for the full year.American Airlines stock was up more than 10% in early-afternoon trading.American Airlines Group (AAL) shares flew higher as the biggest U.S. carrier posted earnin ...

American Airlines’ (AAL) fourth-quarter 2023 earnings (excluding 26 cents from non-recurring items) of 29 cents per share easily beat the Zacks Consensus Estimate of 6 cents. In the year-ago quarter, AAL reported earnings of $1.17 per share.Operating revenues of $13,062 million decreased 1% year over year. The top line beat the Zacks Consensus Estimate of $13,024.1 million.Passenger revenues, accounting for 91.9% of the top line, decreased to $12,010 million from $12,131 million recorded a year ago. The met ...

• • • • • • Completion Factor On-time Departures (%) (%) 98.9 98.8 ...

American Airlines Group Inc. (NASDAQ:AAL) Q4 2023 Earnings Conference Call January 25, 2024 8:30 AM ET Company Participants Scott Long - VP, IR & Corporate Development Robert Isom - CEO Devon May - CFO Vasu Raja - Chief Commercial Officer David Seymour - COO Conference Call Participants Michael Linenberg - Deutsche Bank Scott Group - Wolfe Research Catherine O'Brien - Goldman Sachs Jamie Baker - JPMorgan David Vernon - Bernstein Katherine Kallergis - Morgan Stanley Duane Pfennigwerth - Evercore ISI Andrew D ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

American Airlines (AAL) reported $13.06 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1%. EPS of $0.29 for the same period compares to $1.17 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $13.02 billion, representing a surprise of +0.29%. The company delivered an EPS surprise of +383.33%, with the consensus EPS estimate being $0.06.While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

American Airlines Group Inc is trending up in premarket on Thursday after reporting better-than-expected results for its fiscal fourth quarter.American Airlines’ future guidanceCopy link to sectionAmerican Airlines does, however, expect to report a loss again in its current financial quarter. Based on fuel prices and demand, the flagship air carrier sees 15 cents to 35 cents of loss in Q1. Robert Isom – its chief executive said today in a press release:We’re delivering on our commitments and remain well-pos ...

Shares of American Airlines Group Inc. AAL, -0.50% jumped 3.8% in premarket trading Thursday, after the air carrier beat fourth-quarter earnings expectations and provided an upbeat 2024 profit outlook. Net income dropped to $19 million, or 3 cents a share, from $803 million, or $1.14 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 29 cents were well above the FactSet consensus of 11 cents. Revenue fell 1% to $13.06 billion, but was above the FactSet consensus o ...

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023.American Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines. Shares of the company rose about 4% in premarket trading.Here's how the company performed in the last quarter of 2023 compared to Wall Street estimates compiled by LSEG, formerly known as Refinitiv:Earnings per share: 29 cents adjust ...

United Parcel Service (UPS) is scheduled to report  fourth-quarter 2023 results on Jan 30 before market open.The company has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 1.35%. The Zacks Consensus Estimate for fourth-quarter 2023 earnings has been revised 2% downward over the past 60 days.Given this backdrop, let’s delve deeper to unearth the factors likely to have influenced UPS’ performance in the t ...