Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO)
NYSE:AERO
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Earnings Data
Report Date
Oct 21, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.7Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: strong commercial execution, notable revenue and unit-revenue gains, record liquidity and improved leverage, and operational recognition are meaningful positives. However, material near-term headwinds from elevated fuel prices, currency appreciation, and temporary regional demand disruptions will compress margins in Q2 and introduce uncertainty for the rest of the year. Management has clear mitigation plans (fuel recapture, capacity discipline, cost controls) and a defined path to recover fuel costs over the year, but the near-term outlook remains vulnerable to fuel volatility.Company Guidance
Revenue Growth and Unit Revenue Strength
Total revenue of $1.34 billion (reported also as $1.3 billion) grew ~13% year-over-year; total unit revenue (PRASM) increased 15% YoY, reflecting strong pricing and demand resilience.
Profitability and Margins
First-quarter operating income was $142 million with an 11% operating margin (within guidance). Adjusted EBITDA reached €36 million with a 25% margin, a 5% increase vs. Q1 2025.
Strong Liquidity and Improving Leverage
Closed Q1 with liquidity exceeding $1.2 billion (over $1.0 billion cash plus a $200 million undrawn revolver); generated over $200 million of net operating cash flow in the quarter and reduced financial debt by ~€10 million. Adjusted net debt to EBITDA improved to 1.7x.
Commercial Execution and Loyalty Momentum
Aeromexico Rewards participation reached a record 38% of passengers (up 10 percentage points YoY and 15 points since 2023 reacquisition); redemption revenue grew 22% YoY. Direct online share hit a record 48% (up 3 pts YoY), and premium revenue mix reached 42% (up 1 pt YoY and 18 pts vs. 2019).
Operational Excellence and Industry Recognition
Company recognized by Serium as the most on-time airline in the world in 2026 (also ranked #1 in 2024 and 2025); ranked a top employer in Mexico and first place in MERCO Palento for passenger transport, underscoring service and team strengths.
Fuel Efficiency and Fleet Positioning
Fuel consumption per ASM decreased 1.4% YoY in 2026, yielding estimated cash savings of ~$5 million. Management notes no material additional fleet commitments this year and expects to end 2026 with ~170 aircraft (from 165), including two 787s and three 737 MAX deliveries.
Q2 Guidance and Path to Fuel Recapture
Second-quarter guidance calls for revenue growth of 12.5%–15.5% YoY, adjusted EBITDA margin of 17%–20%, and operating margin of 4%–7%. Management expects to recover ~50% of incremental fuel costs in Q2, ~70% in Q3 and ~100% in Q4 as pricing and network initiatives take effect.
Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO) Earnings, Revenues Date & History
AERO 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
AERO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $14.96 | ― | ― |
Feb 05, 2026 | $18.85 | $19.03 | +0.95% |
Nov 12, 2025 | $18.51 | $18.50 | -0.05% |
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 Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO) report earnings?
Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO) is schdueled to report earning on Oct 21, 2026, After Close (Confirmed).
What is Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO) earnings time?
Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO) earnings time is at Oct 21, 2026, After Close (Confirmed).
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What companies are reporting earnings today?
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What is AERO EPS forecast?
Currently, no data Available