American Airlines (AAL)
NASDAQ:AAL
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Earnings Data
Report Date
Jul 16, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.02Last Year’s EPS
0.95Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong commercial momentum — double‑digit revenue growth, robust premium and corporate demand, record loyalty and card metrics, margin improvement, and tangible balance sheet progress — but was tempered by a large, industry‑wide fuel headwind (>$4B YoY), storm impacts (~$320M), and near‑term cost and capacity pressures. Management provided constructive guidance (Q2 revenue growth ~13.5%–16.5%, Q2 EPS -$0.20 to +$0.20; full‑year midpoint EPS $0.35) and emphasized levers to recapture fuel costs through fares and capacity discipline while highlighting ongoing operational and product investments.Company Guidance
Strong Top-Line Growth
Total revenue grew 10.8% year-over-year in Q1 with the company recording the 9 highest weekly revenue intake weeks in its history; Q2 revenue is expected to grow approximately 13.5%–16.5% (company cited ~15% guidance).
Geographic and Product Revenue Strength
Atlantic unit revenue up 16.7% YoY (London up 25%), Pacific unit revenue up 7.8% YoY, and domestic PRASM increased 6.6% YoY in Q1; international entities generally exceeded expectations.
Premium Demand and Mix Improvement
Paid load factors in business and premium economy are at the highest levels in company history (premium cabins ~10 points higher vs 2019); premium unit revenue grew ~7 points more than Main Cabin.
Corporate and Loyalty Momentum
Managed corporate revenue increased 13% YoY; co-branded card spend rose 9% YoY; AAdvantage enrollments were up 25% YoY with record card acquisitions in Q1.
Margin and Profitability Outlook
Pretax margin improved approximately 2 points YoY in Q1; management expects to be profitable in 2026 assuming the current forward fuel curve, and full‑year midpoint EPS guidance of $0.35 (~flat to 2025) despite a >$4B YoY fuel headwind.
Cost Transformation and Savings
Ongoing reengineering efforts expected to deliver >$200M incremental savings in 2026 and approximately $1B of total annual operating savings since the program began.
Balance Sheet and Liquidity Strength
Nearly $11B of available liquidity at quarter end, more than $27B in unencumbered assets / first lien borrowing capacity, and total debt reduced to $34.7B (down $1.8B in the quarter) — first time debt < $35B since mid‑2015.
Operational and Product Investments Paying Off
DFW rebanking (13 bank structure) has shown early improvements in connection rates and NPS; investments in flagship suite expansions, new/renewed lounges (12 announced), expanded premium seats and complimentary high-speed satellite WiFi are driving customer experience gains.
Fleet & CapEx Discipline
Deliveries updated to 49 aircraft in 2026 (down from 55) to reduce CapEx by nearly $300M; total CapEx guidance ~ $4B for the year while maintaining strategic fleet additions (12 B787‑9s, A321XLR growth).
Network Growth Initiatives
Plans to grow hubs (Philadelphia, Miami, Phoenix, further DFW expansion), expand international-capable fleet to ~200 aircraft by decade end, and launch new routes (Budapest, Prague, Caracas, Maracaibo) including restart of service to Venezuela.
AAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $11.50 | $11.78 | +2.43% |
Jan 27, 2026 | $14.57 | $13.55 | -7.00% |
Oct 23, 2025 | $12.09 | $12.77 | +5.62% |
Jul 24, 2025 | $12.68 | $11.46 | -9.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does American Airlines (AAL) report earnings?
American Airlines (AAL) is schdueled to report earning on Jul 16, 2026, TBA (Confirmed).
What is American Airlines (AAL) earnings time?
American Airlines (AAL) earnings time is at Jul 16, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AAL EPS forecast?
AAL EPS forecast for the fiscal quarter 2026 (Q2) is 0.02.
