American Airlines Group Inc (NASDAQ:AAL, ETR:A1G) shares added 4.5% in early trade after the airline issued better-than-expected guidance for the fourth quarter.
Along with reporting its Q3 results, American Airlines said it expects fourth quarter earnings per share (EPS) between $0.45 and $0.75, far higher than the Wall Street consensus of $0.31.
For the full year, the airline projected adjusted EPS between $0.65 and $0.95 and free cash flow exceeding $1 billion.
For the September quarter, American Airlines posted revenue of $13.7 billion, roughly flat year-over-year but slightly above estimates of $13.6 billion.
This included $12.5 billion in passenger revenue, $212 million in cargo revenue and $10.8 billion in other revenue.
Its adjusted loss for the quarter was $0.17 per share, better than the loss of $0.28 per share expected.
“We’ve built a strong foundation, with best-in class cost management and a focus on strengthening the balance sheet,” American Airlines CEO Robert Isom said in a statement.
“Looking forward, I’m confident that continued investments in our network, customer experience and loyalty program will position us well to drive revenue growth and shareholder value in 2026 and beyond.”