The carrier posted higher-than-expected results but its stock price took a hit after its forecast for the current quarter was under Wall Street expectations.
American Airlines Group posted higher-than-expected results in its latest quarter but its stock price took a hit after its forecast for the current quarter was under Wall Street expectations.
American Airlines forecast 2025 profit below Wall Street expectations as the carrier braces for higher costs stemming from expensive labor contracts signed last year, sending its shares down 8% on Thursday.
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared. Futures for the S&P 500 lost 0.1% before the opening bell, while futures for the Dow Jones Industrial Average ticked up 0.
American Airlines Group reported solid earnings growth that topped estimates, but guidance for Q1 2025 disappointed Wall Street.
American Airlines (AAL – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Thomas
American Airlines issued disappointing guidance for fiscal Q1 today. CEO Robert Isom still took a positive stance on what 2025 holds for AAL.
Week’s roundup of quarterly reports includes American Airlines, the city’s second-biggest carrier, and Union Pacific, the biggest of the major rail operators.
American Airlines stock is up 8.97% YTD. Wall Street expects 64 cents in EPS and $13.40B in revenue for Q4 earnings.
American Airlines AAL-0.41%decrease ... price took a hit after its forecast for the current quarter was under Wall Street expectations. Shares tumbled 8.7% to $17.03 in Thursday trading.
American Airlines Group posted higher-than-expected results in its latest quarter but its stock price took a hit after its forecast for the current quarter was under Wall Street expectations.