BUZZ-American Airlines falls on 2025 profit forecast below expectations
ReutersJan 23, 2025 2:51 PM
Updates
American Airlines Group's shares AAL.O down 9.1% at $16.97 in early trading
AAL forecasts 2025 profit below Wall Street expectations, hurt by an uptick in jet fuel prices and efforts to fix a sales-strategy misstep that drove away corporate travelers
Expects 2025 adj. EPS between $1.70 and $2.70 vs analysts' average estimate of $2.42 - data compiled by LSEG
However, co posts Q4 adj. EPS of $0.86, above expectations of $0.64
Stock rose 26.9% in 2024
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