An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California.
Kevin Carter | Getty Images
American airlinesFirst-quarter earnings forecasts on Thursday missed analyst estimates, sending the stock down more than 6%.
The carrier forecasts an adjusted per-share loss of 20 to 40 cents for the first three months of 2025 based on current demand trends and fuel price forecasts, which LSEG said represents a larger loss than analysts' expectations of 4 cents.
The airline said it expects unit costs, excluding fuel, to increase by a low single-digit percentage point in the first quarter of 2024 on lower capacity, which is expected to decline by as much as 2% compared to last year.
Here are American's fourth-quarter results compared to Wall Street estimates from LSEG:
- Earnings per share: 86 cents adjusted down from 64 cents
- Income: $13.66 billion against the expected $13.40 billion
American's fourth-quarter profit rose to $590 million on $19 million in sales, which rose 4.6% from a year earlier to $13.66 billion. Both domestic and international revenues increased, led by revenue growth in the Trans-Pacific region.
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