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American Airlines Group Full Year 2022 Earnings: EPS Misses Expectations

American Airlines Group (NASDAQ:AAL) Full Year 2022 Results

Key Financial Results

  • Revenue: US$49.0b (up 64% from FY 2021).

  • Net income: US$127.0m (up from US$1.99b loss in FY 2021).

  • Profit margin: 0.3% (up from net loss in FY 2021).

  • EPS: US$0.20 (up from US$3.10 loss in FY 2021).

AAL Operational Performance

  • Available seat kilometres (ASK): 418.78b (up 21% from FY 2021).

  • Passenger load factor: 82.9% (up from 75.3% in FY 2021).

  • Operating revenue per available seat kilometre (Oper. RASK): US$0.12 (up from US$0.087 in FY 2021).

  • Total aircraft: 1461 (up by 29 from FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

American Airlines Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%.

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Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Airlines industry in the US.

Performance of the American Airlines industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for American Airlines Group (2 make us uncomfortable!) that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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