American Airlines (AAL) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 130.77%. A quarter ago, it was expected that this world's largest airline would post earnings of $1.04 per share when it actually produced earnings of $1.09, delivering a surprise of 4.81%.Over the last four quart ...

An American Airlines aircraft departs from Ronald Reagan Washington National Airport on August 28, 2024 in Arlington, Virginia.American Airlines third-quarter earnings and forecast for the last three months of the year topped analysts' estimates.Here is how American performed in the third quarter compared with Wall Street estimates compiled by LSEG:Earnings per share: 30 cents adjusted vs. 16 centsRevenue: $13.65 billion vs. $13.49 billion expectedThis is breaking news. Check back for updates. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value per share AAL The Nasdaq Global Select Market Preferred Stock Purchase Rights — (1) FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For t ...

Exhibit 99.1 Corporate Communications mediarelations@aa.com Investor Relations investor.relations@aa.com FOR RELEASE: Thursday, Oct. 24, 2024 AMERICAN AIRLINES REPORTS THIRD-QUARTER 2024 FINANCIAL RESULTS FORT WORTH, Texas –– American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter 2024 financial results, including: • Record third-quarter revenue of $13.6 billion. • Third-quarter net loss of $149 million, or ($0.23) per share. Excluding net special items , thirdquarter net income of $205 ...

The US government fined American Airlines $50 million for failing to provide wheelchair assistance to passengers with disabilities and damaging thousands of wheelchairs over a five-year period.The Transportation Department said Wednesday that “in some cases,” wheelchair users were injured, but it did not give a number.American said it has made significant investments to improve the handling of wheelchairs. The airline will be credited $25 million, or half of its civil penalty, for those investments and comp ...

The widely diversified Zacks Transportation sector is facing multiple headwinds, ranging from inflationinduced elevated interest rates, weak freight demand and lingering supply-chain woes. Geopolitical uncertainties and higher inflation continue to hurt consumer sentiment and growth expectations. The freight market downturn, driven by excess freight capacity than freight volumes, has also hit the sector hard. However, the decline in fuel expenses represents a tailwind for the transportation sector. Notably, ...

Analysts on Wall Street project that American Airlines (AAL) will announce quarterly earnings of $0.13 per share in its forthcoming report, representing a decline of 65.8% year over year. Revenues are projected to reach $13.49 billion, increasing 0.1% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 43.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In May, I covered American Airlines and attached a buy rating to the name despite the stock tumbling 14%. Since then, the stock has gained 12.65% which surprisingly a outperformed the 11.35% return of the S&P 500. Which I thinkDhierin runs the inve ...

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American Airlines (AAL) is scheduled to report third-quarter 2024 results on Oct. 24, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for third-quarter 2024 earnings has been revised upward in excess of 200% in the past 30 days and is currently pegged at 13 cents per share. The consensus mark implies a 65.8% decline from the year-ago actual. The Zacks Consensus Estimate for third-quarter 2024 revenues is currently pegged at $13.5 billi ...