American Airlines Cuts 2026 Earnings Guide to Zero as Fuel Costs Surge 83%
American Airlines posted record second-quarter revenue of $16.7 billion, a 16.3% increase driven by higher fares that offset nearly half of a $2.2 billion year-over-year jump in jet fuel costs. Adjusted earnings per share came in at $0.15, beating analyst estimates of $0.03, as fuel expenses surged 83% on an average price of $4.05 per gallon.
The carrier lowered its full-year adjusted earnings forecast to a range between a $0.65 loss and a $0.65 profit, reducing the midpoint to zero from the previously expected $0.61. Third-quarter adjusted earnings guidance was also cut to a $0.70 loss to $0.10 profit range, down from a profit estimate of $0.28, as the airline projects Q3 fuel costs to rise another $1.7 billion with jet fuel priced near $3.75 a gallon.
From the sources (6 posts)
@financialjuice$AAL American Airlines Q2 Earnings Adj. EPS $0.15, est. $0.027 Passenger rev. $15.21B, est. $15.28B Available seat miles 81.84B Load factor 83.2%, est. 84.7%
@wallstengineAMERICAN AIRLINES $AAL Q2’26 EARNINGS: 🔹 Revenue: $16.74B (Est. $16.71B) 🟢; +16.3% YoY 🔹 Adj EPS: $0.15 (Est. $0.03) 🟢; -84% YoY 🔹 Load Factor: 83.2% (Est. 84.7%) 🔴; -1.5 points YoY 🔸 Fuel expense up 83% YoY ($2.2B headwind) FY26 Guide:
@cnbcAmerican Airlines slashes 2026 earnings outlook as fuel costs spike
@alphasenseinc$AAL Earnings: - Record revenue of $16.7 billion, up 16.3% year over year, the highest quarterly revenue in company history, driven by strong performance across American's four commercial pillars. - Strong demand and execution t
@thetranscript_American Airlines CEO: "American delivered year-over-year revenue growth of more than 16% in the second quarter, exceeding our initial expectations and continuing the momentum we’ve built across the busines" $AAL: -5% PM
@thetranscript_$AAL CEO: "Fuel expense increased by over $2.2 billion, or 83% year over year. American was able to offset nearly 50% of this fuel headwind in the second quarter through higher fares. Fuel prices have remained volatile in recent weeks. Base