What is Zacks Research’s Forecast for AAL Q4 Earnings?

American Airlines Group Inc. (NASDAQ:AAL) – Equities research analysts at Zacks Research upped their Q4 2024 earnings per share estimates for American Airlines Group in a research report issued to clients and investors on Thursday, November 14th. Zacks Research analyst M. Basu now expects that the airline will post earnings of $0.47 per share for the quarter, up from their prior estimate of $0.37. The consensus estimate for American Airlines Group’s current full-year earnings is $1.49 per share. Zacks Research also issued estimates for American Airlines Group’s Q2 2025 earnings at $1.08 EPS.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.14. The firm had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.50 billion. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. American Airlines Group’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.38 earnings per share.

A number of other research firms have also weighed in on AAL. TD Securities lowered their target price on American Airlines Group from $10.00 to $7.00 in a report on Friday, July 26th. Jefferies Financial Group upped their target price on American Airlines Group from $10.00 to $11.00 and gave the stock a “hold” rating in a report on Wednesday, October 2nd. Evercore ISI upped their target price on American Airlines Group from $10.00 to $12.00 and gave the stock an “in-line” rating in a report on Thursday, October 3rd. JPMorgan Chase & Co. increased their price objective on American Airlines Group from $15.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Finally, Evercore decreased their price objective on American Airlines Group from $13.00 to $10.00 in a report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $13.96.

American Airlines Group Stock Up 0.9 %

American Airlines Group stock opened at $14.39 on Monday. The business has a fifty day moving average of $12.28 and a two-hundred day moving average of $11.77. The firm has a market cap of $9.46 billion, a P/E ratio of 43.61, a P/E/G ratio of 0.26 and a beta of 1.39. American Airlines Group has a twelve month low of $9.07 and a twelve month high of $16.15.

Hedge Funds Weigh In On American Airlines Group

Hedge funds have recently made changes to their positions in the company. Austin Private Wealth LLC purchased a new position in American Airlines Group during the third quarter valued at approximately $723,000. Maverick Capital Ltd. lifted its holdings in American Airlines Group by 95.3% in the second quarter. Maverick Capital Ltd. now owns 193,854 shares of the airline’s stock valued at $2,196,000 after acquiring an additional 94,573 shares during the period. Sei Investments Co. lifted its holdings in American Airlines Group by 14.7% in the second quarter. Sei Investments Co. now owns 1,199,121 shares of the airline’s stock valued at $13,586,000 after acquiring an additional 153,515 shares during the period. U S Global Investors Inc. lifted its holdings in American Airlines Group by 5.9% in the third quarter. U S Global Investors Inc. now owns 9,088,188 shares of the airline’s stock valued at $102,151,000 after acquiring an additional 508,119 shares during the period. Finally, ORG Partners LLC acquired a new position in American Airlines Group in the second quarter valued at approximately $36,000. 52.44% of the stock is owned by institutional investors and hedge funds.

About American Airlines Group

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.