Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia.
Alex Wong | Getty Images
American Airlines‘ fourth-quarter profit beat analysts’ expectations as strong travel demand and high fares buoyed results during a turbulent holiday season.
Here’s how American Airlines performed in the fourth quarter compared with what Wall Street anticipated, based on an average of analysts’ estimates compiled by Refinitiv:
- Adjusted earnings per share: $1.17 versus an expected $1.14
- Total revenue: $13.19 billion versus expected $13.20 billion
For the three months ended Dec. 31, the company reported net income of $803…
Source cnbc.com