American Airlines Beats Q2 Estimates but Cuts Guidance on Surging Fuel Costs
American Airlines Group Inc. (NASDAQ: AAL ) shares traded lower Thursday after the carrier reported second-quarter 2026 results that beat analyst expectations but cut its full-year earnings outlook. Adjusted EPS of 15 cents topped the 3-cent estimate, while record revenue rose 16.3% to $16.735 billion, beating the $16.707 billion estimate. Profit Pressured GAAP diluted EPS fell to 11 cents from 91 cents, while net income declined to $71 million from $599 million. Adjusted net income was $99 million after excluding $28 million of after-tax special items. Operating income fell 60.7% to $446 million as fuel expense surged 83.3% to $4.881 billion. Higher fares offset nearly half of the more than $2.2 billion year-over-year fuel increase. Revenue And Operations Passenger revenue rose 15.9% to $15.214 billion, cargo revenue increased 29.7% to $273 million, and other revenue grew 17.9% to $1...
American Airlines Group Inc. (NASDAQ: AAL ) shares traded lower Thursday after the carrier reported second-quarter 2026 results that beat analyst expectations but cut its full-year earnings outlook. 707 billion estimate. Profit Pressured GAAP diluted EPS fell to 11 cents from 91 cents, while net income declined to $71 million from $599 million.
Adjusted net income was $99 million after excluding $28 million of after-tax special items. 881 billion. 2 billion year-over-year fuel increase. 248 billion.
8%. 6%. Managed corporate revenue increased 26%. 2%.
8 points, and system misconnections fell nearly 25% following the Dallas-Fort Worth hub rebanking. 028 billion in cash. 833 billion. 633 billion.
12 earnings estimate. 899 billion estimate. 65 estimate, reflecting higher fuel costs. 6 billion for the rest of 2026.
In the past week alone, the forecast increased by $230 million for the third quarter and nearly $550 million for the remainder of the year. Management expects fuel prices to remain volatile. The current fuel curve has weakened near-term expectations despite strong demand and pricing trends across the network. American expects third- and fourth-quarter unit revenue growth to exceed the second quarter’s performance.
CEO Robert Isom said the company’s outlook for the remainder of 2026 could have been potentially four times better had it reported results a few weeks earlier. 70 at the time of publication on Thursday, according to Pro data. Photo by Wenjie Zheng via Shutterstock Read Also: Boeing, Airbus, Major Airlines Push Congress for $20 Billion to Modernize Air Traffic Control: Report