American Airlines (AAL) Q4 Earnings Beat, FY24 View Bright

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 ...