American Airlines Group (NASDAQ:AAL) Releases Q4 2024 Earnings Guidance

American Airlines Group (NASDAQ:AAL) issued an update on its fourth quarter 2024 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.550-0.750 for the period, compared to the consensus estimate of 0.580. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AAL. BNP Paribas raised shares of American Airlines Group to a “hold” rating in a research report on Thursday, September 19th. Scotiabank raised shares of American Airlines Group from a “neutral” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Thursday, December 5th. UBS Group raised American Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Redburn Atlantic raised American Airlines Group to a “hold” rating in a research report on Tuesday, September 3rd. Finally, Evercore ISI increased their price objective on American Airlines Group from $10.00 to $12.00 and gave the stock an “in-line” rating in a research note on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $15.99.

American Airlines Group Stock Performance

AAL traded up $0.24 on Friday, hitting $16.88. The company had a trading volume of 28,620,449 shares, compared to its average volume of 33,519,816. The stock has a market capitalization of $11.09 billion, a price-to-earnings ratio of 51.15, a P/E/G ratio of 0.29 and a beta of 1.41. The stock has a fifty day moving average price of $14.45 and a 200-day moving average price of $12.08. American Airlines Group has a 12-month low of $9.07 and a 12-month high of $18.20.

American Airlines Group (NASDAQ:AAL) last issued its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14. The business had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.50 billion. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.38 EPS. Analysts forecast that American Airlines Group will post 1.62 EPS for the current fiscal year.

About American Airlines Group

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.