American Airlines (A1G) Earnings Dates, Call Summary & Reports

Q: What is the P/E ratio of American Airlines stock?

The P/E ratio of {name} is N/A.

Compare

6 Followers

Earnings Data

Report Date

Apr 23, 2026

TBA (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

-0.25

Last Year’s EPS

-0.51

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 16 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Jan 27, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presents a constructive long-term outlook supported by solid balance sheet progress, fleet and premium-product investments, loyalty and distribution wins (including a strategic Citi cobranded card partnership), and early 2026 booking strength. Near-term results and guidance are tempered by significant one-time disruptions — notably the unprecedented winter storm Fern (over 9,000 cancellations) and a government shutdown that reduced revenue by ~$325 million — plus regional revenue pressure in Latin America and slight Pacific softness. Management expects to absorb storm impacts, deliver incremental efficiencies ($250M in 2026), generate >$2B free cash flow, and hit its debt target a year early, driving a return to stronger profitability across 2026.

Company Guidance

American’s guidance for 2026 assumes first-quarter capacity up 3–5% year‑over‑year (inclusive of ~1.5 points of impact from Winter Storm Fern), first‑quarter revenue up 7–10% (with an estimated $150–$200 million revenue hit from Fern), and first‑quarter CASM ex‑fuel, ex‑profit‑sharing and net special items up ~3–5% (Fern adds ~1.5 points to CASM); the company guided to an adjusted loss per diluted share for Q1 (range provided) and full‑year adjusted EPS of approximately $1.70–$2.70. For 2026 it expects to take delivery of 55 aircraft, spend $4.0–4.5 billion of CapEx, generate more than $2 billion of free cash flow, and realize an incremental $250 million of operating savings versus 2025 (bringing cumulative operating savings to nearly $1.0 billion since 2023 and working capital improvements to ~ $900 million). Balance‑sheet targets include total debt reduced to $36.5 billion in 2025 (a $2.1 billion reduction) with a goal to be below $35 billion a year early in 2026, and the company reiterated fleet and premium growth plans (international‑capable fleet from 139 to 200 by decade end, lie‑flat seats +50% by 2030, substantial premium‑seat growth including 10 A321XLRs and full utilization of 11 premium 787‑9s and a ~20% premium seat increase on retrofitted 777‑300s).

Improved Booking Trends and Early 2026 Momentum

System-wide revenue intakes for the first three weeks of 2026 are up double digits year over year; January bookings strengthened meaningfully after softer late-Q4 bookings.

Balance Sheet Strength and Debt Reduction

Total debt reduced by $2.1 billion in 2025 to $36.5 billion; company expects to reach its target of total debt below $35 billion a year early in 2026 and to have the lowest net debt since 2014 by year-end.

Free Cash Flow and Capital Plan

2026 total capital expenditures expected at $4.0–$4.5 billion with anticipated free cash flow generation of more than $2 billion for the full year; 55 new aircraft deliveries expected in 2026.

Profitability Outlook for Full Year 2026

Company provided full-year adjusted earnings per diluted share guidance of approximately $1.70 to $2.70 for 2026 (inclusive of preliminary winter storm Fern impact).

Loyalty and Cobranded Card Momentum

Advantage enrollments increased 7% year over year with Chicago enrollments up nearly 20% YoY; cobranded card program posting record year with card spending up 8% YoY; new 10-year Citi partnership began Jan 1 and in-flight/airport channel transition completed in Q4.

Premium Product Expansion and Fleet Strategy

International-capable fleet expected to increase from 139 to 200 aircraft by decade-end; premium seat growth projected to outpace main cabin nearly two-fold and lie-flat seats expected to increase by over 50% by 2030; retrofits (e.g., 777-300) to deliver ~20% more premium seats on those aircraft.

Revenue Mix and Regional Performance

Atlantic unit revenue up 4% year over year in Q4 and was the most profitable region; premium unit revenue outpaced main cabin by seven points in Q4; managed corporate (indirect) revenue up 12% YoY.

Operational and Customer Experience Improvements

Net Promoter Score for on-time customers reached the highest in company history (2025); investments underway including flagship suite rollout, new and renovated premium lounges (e.g., Philly flagship opened; Miami and Charlotte planned), complimentary high-speed satellite Wi-Fi roll out to Advantage members, and DFW bank restructuring to improve connectivity and recovery.

Ongoing Efficiency Program

Cumulative operating savings nearly $1 billion since 2023; expect an additional $250 million of savings in 2026 (total working capital improvements nearly $900 million achieved).

American Airlines (DE:A1G) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:A1G Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 23, 2026	2026 (Q1)	-0.25 / -	-0.507	―	―	―
Jan 27, 2026	2025 (Q4)	0.32 / 0.14	0.739	-81.40% (-0.60)
Oct 23, 2025	2025 (Q3)	-0.24 / -0.15	0.258	-156.67% (-0.40)
Jul 24, 2025	2025 (Q2)	0.67 / 0.82	0.937	-12.84% (-0.12)
Apr 24, 2025	2025 (Q1)	-0.60 / -0.51	-0.292	-73.53% (-0.21)
Jan 23, 2025	2024 (Q4)	0.57 / 0.74	0.249	196.55% (+0.49)
Oct 24, 2024	2024 (Q3)	0.15 / 0.26	0.327	-21.05% (-0.07)
Jul 25, 2024	2024 (Q2)	0.91 / 0.94	1.65	-43.23% (-0.71)
Apr 25, 2024	2024 (Q1)	-0.23 / -0.29	0.043	-780.00% (-0.34)
Jan 25, 2024	2023 (Q4)	0.09 / 0.25	1.006	-75.21% (-0.76)

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

DE:A1G Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 27, 2026	€12.31	€11.73	-4.74%
Oct 23, 2025	€10.48	€10.98	+4.77%
Jul 24, 2025	€10.75	€10.02	-6.79%
Apr 24, 2025	€8.44	€8.29	-1.72%

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.