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American Airlines Stock Soars After Q4 Earnings Beat, Better-Than-Expected Guidance
AALAAG(AAL) Investopedia·2024-01-25 18:15

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 ...