American Airlines Shares Rise After Narrower-Than-Expected Quarterly Loss

Core Insights - American Airlines Group Inc. shares increased by 4% following a smaller-than-expected third-quarter loss and positive guidance for the rest of the year [1] - The airline reported an adjusted loss of $0.17 per share, better than the anticipated loss of $0.28 per share, with record revenue of $13.7 billion, surpassing estimates of $13.63 billion [1] Financial Performance - For the fourth quarter, American Airlines expects adjusted earnings per share between $0.45 and $0.75, exceeding the analyst consensus of $0.42 [2] - The full-year guidance for adjusted earnings is projected to be in the range of $0.65 to $0.95 per share [2] Revenue and Loyalty Program - Growth in premium unit revenue is outpacing main cabin performance, indicating a strong demand for higher-tier services [3] - The AAdvantage loyalty program shows robust engagement, with active accounts increasing by 7% year-over-year [3] - Co-branded credit card spending rose by 9% year-over-year, highlighting the strength of the loyalty ecosystem [3]