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American Airlines' Q2 Adjusted Earnings Fall, Revenue Rises; Full-Year Earnings Guidance Misses Street View; Shares Drop 7% Pre-Bell
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American Airlines' Q2 Adjusted Earnings Fall, Revenue Rises; Full-Year Earnings Guidance Misses Street View; Shares Drop 7% Pre-Bell
Jul 25, 2024 5:37 AM

08:20 AM EDT, 07/25/2024 (MT Newswires) -- American Airlines Group ( AAL ) reported Q2 earnings Thursday of $1.09 per diluted share, down from $1.92 a year earlier.

Analysts surveyed by Capital IQ expected $1.05.

Revenue for the quarter ended June 30 was $14.33 billion, up from $14.06 billion a year earlier. Analysts surveyed by Capital IQ expected $14.37 billion.

The airline operator now expects full-year 2024 adjusted EPS to be between $0.70 and $1.30. Analysts surveyed by Capital IQ expect $1.82

Shares of American Airlines ( AAL ) were down 7% in recent premarket activity.

Price: 9.47, Change: -0.70, Percent Change: -6.88

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