American Airlines Q4 EPS Beats Esitmates

Aviation industry giant American Airlines Group (NASDAQ:AAL) reported fourth-quarter and full-year 2024 financial results on Thursday, Jan. 23, that topped analyst consensus estimates. Revenue of $13.7 billion rose 4.6%, leading to an impressive profit of $0.86 per share against the forecasted $0.66. The quarter is marked by improved operational efficiencies, evidenced by a rise in adjusted operating margin to 8.4%, but offset by ongoing pressure from rising wage costs.Overall, the quarter reflects a strong financial performance driven by robust passenger demand and effective cost management. Unfortunately, management's guidance for the first quarter of 2025 was much weaker than expected, worrying Wall Street and investors who sold off some stock.Source: American Airlines. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool