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American Airlines Group (AAL) Beats on Q4 Earnings

Zacks Equity Research
Updated

American Airlines Group AAL came into existence following the Dec 2013 merger of AMR (American Airlines' parent group) and US Airways. The Fort Worth, Texas based company serves customers with more than 6,700 daily flights in more than 50 nations across the globe.

American Airlines Group has a healthy track record with respect to earnings. The company has delivered positive earnings surprises in each of the last four quarters, with an average beat of 1.36%.

Zacks Rank: Currently, American Airlines Group has a Zacks Rank #2 (Buy), but that could change following the company’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: American Airlines Group beat on earnings. Adjusted earnings per share came in at $2.0, beating the Zacks Consensus Estimate of $1.96. The company’s earnings for full-year 2015 came in at $9.12 per share, which beat the Zacks Consensus Estimate by $0.04.

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Revenue: Revenues of $9.63 billion were 5.2% below the year-ago figure. Quarterly revenues were marginally short of the Zacks Consensus Estimate of $9.67 billion. The carrier’s revenues for full-year 2015 came in at $41 billion, in line with the Zacks Consensus Estimate.

Key Stats: American Airlines Group’s results in the quarter benefited from low fuel costs. This is because fuel costs account for a major chunk of an airline's operating expenses. During the quarter, the company returned $1.2 billion to its shareholders through the payment of $72 million in dividends and buyback of shares worth of $1.1 billion. Furthermore, the carrier The Company also declared a dividend of $0.10 per share. The dividend will be paid on Feb. 24, 2016, to the shareholders on Feb. 10. We are impressed by the company’s efforts to reward shareholders through stock repurchases and dividend payments.

Stock Price: The earnings beat pleased the investors. Shares of the company gained in pre-market trading at the time of writing.

Check back later for our full write up on this American Airlines Group earnings report later!

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AMER AIRLINES (AAL): Free Stock Analysis Report
 
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Zacks Investment Research