Core Insights - American Airlines (AAL) reported a narrower loss of 59 cents per share for Q1 2025, compared to the Zacks Consensus Estimate of a loss of 69 cents, but wider than a loss of 34 cents per share in the same quarter last year [1] - Operating revenues reached $12.55 billion, slightly exceeding the Zacks Consensus Estimate of $12.52 billion, but reflecting a 0.2% year-over-year decline [1] Revenue Breakdown - Passenger revenues, which constitute 90.8% of total revenues, decreased by 0.6% year-over-year to $11.4 billion, falling short of the estimate of $11.5 billion due to a slowdown in domestic leisure demand [2] - Cargo revenues increased by 1.1% to $189 million, surpassing the estimate of $171.7 million [2] - Other revenues rose by 5% to $971 million, exceeding expectations of $891.6 million [2] Key Metrics - Total revenue per available seat mile increased to 17.95 cents from 17.83 cents year-over-year [3] - Passenger revenue per available seat mile increased by 0.3% to 16.3 cents, but was below the expected 16.5 cents [3] - Consolidated yield increased by 1.4% to 20.21 cents, ahead of the estimate of 19.69 cents [3] Capacity and Traffic - Consolidated traffic decreased by 1.9% year-over-year, while capacity contracted by 0.9% [4] - The consolidated load factor decreased by 0.9 points to 80.6%, which was lower than the expected 83.8% [4] Operating Costs - Total operating costs increased by 2% year-over-year to $12.8 billion, with salaries, wages, and benefits rising by 9.2% to $4.2 billion due to a labor deal with pilots [5] - Aircraft fuel and tax expenses decreased by 13.2% to $2.6 billion, with the average fuel price per gallon dropping to $2.48 from $2.86 a year ago [5] Future Outlook - AAL withdrew its 2025 financial guidance due to tariff-induced uncertainty, with plans to provide an update later in the year [7] - For Q2 2025, AAL expects total revenues to decline by 2% to increase by 1% compared to Q2 2024, with system capacity estimated to rise by 2-4% [9] - The company anticipates an adjusted operating margin of 6-8.5% for Q2 2025, with earnings per share projected between 50 cents and $1 [9]

AAL is down more than 40% this year, while LUV is off by 22%Airline stocks are in focus today, after sector stalwarts American Airlines Group Inc (NASDAQ:AAL) and Southwest Airlines (NYSE:LUV) stepped into the earnings confessional. Both airliners reported a smaller-than-expected first-quarter loss and withdrew their full-year guidance, mirroring Delta Air Lines (DAL) and United Airlines (UAL) amid an increasingly murky U.S. economic outlook. AAL was last seen up 2.5% to trade at $9.56, consolidating around ...

Labor Market - Initial Jobless Claims for last week were reported at 222K, slightly above estimates but indicating a healthy labor market, with claims remaining between 215K and 225K since March [1] - Continuing Claims decreased to 1.841 million, down from a revised 1.878 million, showing positive trends in long-term jobless claims [2] Durable Goods Orders - Durable Goods Orders for March increased by 9.2%, significantly surpassing the expected 1.6%, marking the best performance since July of the previous year [3] - Excluding transportation, the durable goods orders showed no growth at 0.0%, below the anticipated 0.3% [3] - Non-defense orders excluding aircraft met expectations with a growth of 0.1% [3] Q1 Earnings Reports - PepsiCo (PEP) reported earnings of $1.48 per share, missing consensus by 2 cents, while revenues of $17.92 billion exceeded estimates by 0.94% [4] - Procter & Gamble (PG) met earnings expectations with $1.54 per share but missed revenue expectations at $19.78 billion, down from $20.2 billion a year ago [5] - American Airlines (AAL) reported a loss of $0.59 per share, better than the expected loss of $0.69, but revenues were slightly lower at $12.52 billion [6] - Bristol Myers-Squibb (BMY) exceeded earnings expectations with $1.80 per share and revenues of $11.2 billion, surpassing estimates by 4.3% [7] - Comcast (CMCSA) reported earnings of $1.09 per share, beating expectations, and revenues of $29.89 billion, although still below the previous year's $30.06 billion [8] Market Expectations - Upcoming Existing Home Sales data is anticipated, following a positive surprise in New Home Sales, with expectations set at 4.13 million units, down from 4.26 million in February [9] - A significant number of Q1 earnings reports are expected after market close, including major companies like Alphabet (GOOGL), Intel (INTC), and Freeport-McMoRan (FCX) [10]

e American Airlines Group Inc. FIRST - 2025 HTRANGAL April 24, 2025 2 First-quarter results 1. I he company estimates the impact of the American Eaqle Flight 5342 accident reduced first-quarter revenue by ~S200 million 2. See GAAP to non-GAAP and free cash flow reconciliations at the end of this presentation. First-quarter revenue of $12.6 billion1. ● First-quarter GAAP net loss per diluted share ● of ($0.72). Excluding net special items², first-quarter net ● loss per diluted share of ($0.59). Generated $2. ...

American Airlines Group Inc. (NASDAQ:AAL) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Abriell Jackson - Managing Director, Investor Relations Robert Isom - Chief Executive Officer Devon May - Chief Financial Officer Steve Johnson - Vice Chair Conference Call Participants David Scott Vernon - Bernstein Savi Syth - Raymond James Scott Group - Wolfe Research Conor Cunningham - Melius Research Jamie Baker - JPMorgan Securities Duane Pfennigwerth - Evercore ISI Catherine O'Bri ...

Group 1 - U.S. spirit exports reached a record $2.4 billion in 2024, driven by tariff concerns and ongoing global trade disputes [1] - U.S. spirits exports to the EU surged by 39%, influenced by fears of a potential return of a 50% tariff on American whiskey imports in 2025 [2] - The lifting of retaliatory tariffs by the UK and EU has allowed U.S. spirits to recapture lost market share since 2018-2021 [2] Group 2 - Ongoing trade disputes unrelated to the spirits sector have created uncertainty, limiting sales growth for many U.S. distillers [2] - The threat of a 200% tariff on French Champagne and other EU spirits has diminished as U.S. and EU trade negotiations continue [3]

Labor Market - Initial Jobless Claims for last week were reported at 222K, slightly above estimates but indicating a healthy labor market, with claims remaining between 215K and 225K since March [1] - Continuing Claims decreased to 1.841 million, down from a revised 1.878 million the previous week, showing positive trends in long-term jobless claims [2] Durable Goods Orders - Durable Goods Orders for March increased by 9.2%, significantly exceeding the expected 1.6%, marking the best performance since July of the previous year [3] - Excluding transportation, the durable goods orders showed no growth at 0.0%, below the expected 0.3%, indicating potential concerns in enterprise spending [3] Q1 Earnings Reports - PepsiCo (PEP) reported earnings of $1.54 per share, meeting estimates, but revenues of $19.78 billion fell short by 2.75% compared to expectations [4] - American Airlines (AAL) reported a loss of -$0.59 per share, better than the expected -$0.69, but revenues were slightly lower at $12.52 billion [5] - Bristol Myers-Squibb (BMY) exceeded expectations with earnings of $1.80 per share and revenues of $11.2 billion, but the stock is trading lower [6] - Comcast (CMCSA) reported earnings of $1.09 per share, surpassing expectations, but revenues of $29.89 billion were below the previous year's $30.06 billion [7] Market Expectations - Upcoming reports include Existing Home Sales, with expectations set at 4.13 million units, down from 4.26 million in February [8] - The Q1 earnings season has shown mixed results, with companies facing challenges in forward guidance, including major firms like Alphabet and Intel expected to report [9]

American Airlines (AAL) reported $12.55 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 0.2%. EPS of -$0.59 for the same period compares to -$0.34 a year ago. The reported revenue represents a surprise of +0.23% over the Zacks Consensus Estimate of $12.52 billion. With the consensus EPS estimate being -$0.69, the EPS surprise was +14.49%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Group 1 - American Airlines reported a quarterly loss of $0.59 per share, better than the Zacks Consensus Estimate of a loss of $0.69, but worse than a loss of $0.34 per share a year ago, indicating an earnings surprise of 14.49% [1] - The company posted revenues of $12.55 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.23%, although this represents a slight decline from year-ago revenues of $12.57 billion [2] - American Airlines has surpassed consensus EPS estimates four times over the last four quarters and topped consensus revenue estimates three times during the same period [2] Group 2 - The stock has lost approximately 46.5% since the beginning of the year, significantly underperforming the S&P 500, which declined by 8.6% [3] - The company's earnings outlook is uncertain, with current consensus EPS estimates of $0.96 on $14.44 billion in revenues for the coming quarter and $1.35 on $55.26 billion in revenues for the current fiscal year [7] - The Zacks Rank for American Airlines is currently 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Group 3 - The Transportation - Airline industry, to which American Airlines belongs, is currently in the bottom 37% of over 250 Zacks industries, suggesting a challenging environment for the stock [8] - Air Canada, another company in the same industry, is expected to report a quarterly loss of $0.34 per share, reflecting a year-over-year change of -70%, with revenues projected at $3.7 billion, down 4.5% from the previous year [9]

面临经济前景不确定性的不止航空业。联信银行(CMA.US)和联合健康(UNH.US)等大型企业也相继下调 了全年预期。 美国航空同时面临去年签订的高成本劳工协议带来的经营压力。该公司三月还警告称，华盛顿特区附近 发生的客机与军用直升机相撞事故，连同其他多起航空事件，都对需求造成压力。 智通财经APP获悉，美国航空(AAL.US)周四撤回了其2025年盈利指引，成为又一家因经济不确定性难 以预测全年业绩的企业。 美国航空在发布第一季度财报时表示，将"待经济前景明朗后再提供全年预测更新"。今年1月，该公司 曾预测全年调整后每股收益为1.70至2.70美元，营收增长4.5%至7.5%。 在关税政策压力和政府支出不确定性的双重影响下，消费者可支配预算面临挑战，致使航空公司难以准 确预测未来旅行需求。此前，达美航空(DAL.US)和边疆航空母公司也撤回了2025年指引。美国总统特 朗普推行的贸易政策及全面关税措施已引发全球贸易战，加剧了世界经济陷入衰退的风险，导致消费者 在旅行支出上持观望态度。 经济下行趋势正对美国各大航空公司构成阻力。就在两个月前，这些公司还受益于强劲的旅行需求和稳 定的票价体系。 由于旅行消费对多 ...