American Airlines Stock Tumbles as Restored Full-Year Earnings Outlook Disappoints
Shares in the Fort Worth, Texas-based air carrier fell almost 8% in intraday trading Thursday. They have lost more than 30% of their value so far this year. Tariffs and economic uncertainty have weighed on American consumer appetite for domestic travel in recent months, affecting the outlook for airlines, although international travel has held up.
The company said Thursday it expects a 2025 adjusted per-share loss of as much as 20 cents or earnings per share (EPS) of as much as 80 cents, with the midpoint lagging the Visible Alpha analyst EPS forecast of 71 cents.
The forecast was also well below the company's projection in January of adjusted EPS of between $1.70 and $2.70 for the full year. Like rivals Delta Air Lines (DAL) and Southwest Airlines (LUV), American had withdrawn its 2025 guidance in April citing an uncertain outlook amid tariffs. Delta and Southwest both restored their guidance for the year this month.
American's third-quarter earnings projections also disappointed. The carrier forecast an adjusted third-quarter per share loss of between 10 cents and 60 cents, well below analysts' estimates.
American posted second-quarter results Thursday that were better than expectations. It reported adjusted EPS of $0.95 on record operating revenue of $14.39 billion. Analysts polled by Visible Alpha had expected an adjusted EPS of $0.79 on revenue of $14.30 billion.
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