American Airlines shares tumble as outlook falls short

Earnings

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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 Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 6%.

The carrier forecast an adjusted loss per share of 20 cents to 40 cents for the first three months of 2025 based on current demand trends and fuel-price forecast, a wider loss than the 4 cents analysts were expecting, according to LSEG.

The airline said it expects unit costs, excluding fuel, to rise in the low-single digit percentage points over the first quarter of 2024 driven by lower capacity, which it expects to fall as much as 2% over last year.

Here is how American performed in the fourth quarter compared with Wall Street estimates compiled by LSEG:

  • Earnings per share: 86 cents adjusted vs. 64 cents
  • Revenue: $13.66 billion vs. $13.40 billion expected

American’s fourth-quarter profit rose to $590 million from $19 million on sales that were up 4.6% on the year to $13.66 billion. Both domestic and international revenue rose, led by a surge in trans-Pacific revenue.

This is breaking news. Check back for updates.

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