American Airlines reports first Q1 profit in four years; stock falls 0.6% premarket

United States News News

American Airlines reports first Q1 profit in four years; stock falls 0.6% premarket
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

American Airlines Group Inc. reported better-than-expected first-quarter earnings before market open Thursday. The carrier reported first-quarter net income...

American Airlines Group Inc. AAL reported better-than-expected first-quarter earnings before market open Thursday. The carrier reported first-quarter net income of $33 million, or earnings of 5 cents a share, on an adjusted basis, compared with a net loss of $1.5 billion, or an adjusted per-share loss of $2.32 in the year-ago quarter. Analysts surveyed by FactSet were looking for earnings of 4 cents a share. American Airlines reported first-quarter revenue of $12.

The carrier reported first-quarter net income of $33 million, or earnings of 5 cents a share, on an adjusted basis, compared with a net loss of $1.5 billion, or an adjusted per-share loss of $2.32 in the year-ago quarter. Analysts surveyed by FactSet were looking for earnings of 4 cents a share. American Airlines reported first-quarter revenue of $12.19 billion, a 37% increase on the prior year’s quarter, but below the FactSet consensus of $12.21 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

American Airlines Passenger Pees on Another Passenger During FlightAmerican Airlines Passenger Pees on Another Passenger During FlightThings got all pissy on an American Airlines flight from New York to New Delhi Sunday .. after a passenger urinated on a fellow flyer.
Read more »

Flight attendants warn tense passengers as American Airlines plane engine shoots flames: 'little situation'Flight attendants warn tense passengers as American Airlines plane engine shoots flames: 'little situation'An American Airlines flight was forced to divert back to its origin airport after an apparently bird strike caused one of the plane's engine to sputter and spit fire.
Read more »

Brave Girls Signs With Warner Music Korea As Full Group + Group Name Under DiscussionBrave Girls Signs With Warner Music Korea As Full Group + Group Name Under DiscussionBraveGirls Signs With Warner Music Korea As Full Group + Group Name Under Discussion
Read more »

Events — Girls Inc. of Los AngelesEvents — Girls Inc. of Los Angelesad | LA Girls Rise is almost here! Are you going? Join girlsincla on May 11th at Paramount Studios for a fun & inspiring night raising funds to empower girls to rise up as leaders of today & tomorrow. Get your tickets now! Become a sponsor! Visit
Read more »

Light & Wonder Inc. Debuts Frankenstein Slot MachineLight & Wonder Inc. Debuts Frankenstein Slot MachineLight & Wonder Inc. have shown off a new SlotMachine they're releasing as they scored UniversalMonsters – Frankenstein for the theme.
Read more »

British American Tobacco Hid North Korea Business for Years: FedsBritish American Tobacco Hid North Korea Business for Years: FedsU.S. prosecutors have charged the company with helping Pyongyang skirt restrictions meant to freeze it out of the global banking system.
Read more »



Render Time: 2025-02-16 13:05:03