==American Airlines (AAL) reported earnings on Thur 25 Jan 24 (b/o)

 

American Airlines beats by $0.18, reports revs in-line; guides Q1 EPS in-line; guides FY24 EPS above consensus

• Reports Q4 (Dec) earnings of $0.29 per share, excluding non-recurring items, $0.18 better than the FactSet Consensus of $0.11; revenues fell 1.0% year/year to $13.06 bln vs the $13.01 bln FactSet Consensus.
• Available seat miles (ASM) up 5.8%, Total revenue per ASM (TRASM) down 6.4%, Operating cost per ASM excluding net special items and fuel (CASM-ex) up 4.2%.
  
• Co issues in-line guidance for Q1, sees EPS of ($0.35)-($0.15) vs. ($0.22) FactSet Consensus.
• Co issues upside guidance for FY24, sees EPS of $2.25-$3.25 vs. $2.14 FactSet Consensus.