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Jun 30, 2023
American Airlines Q2 2023 Earnings Report
American Airlines reported record quarterly revenue and strong operational performance, driven by continued demand and improved completion factors.
Key Takeaways
American Airlines reported a strong second quarter with record revenue of $14.1 billion, a 4.7% increase year-over-year. The company achieved a net income of $1.3 billion, or $1.88 per diluted share, and generated $1.2 billion in free cash flow. American is raising full-year adjusted EPS guidance to between $3.00 and $3.75 per diluted share.
Record quarterly revenue of $14.1 billion, a 4.7% increase year over year.
Net income of $1.3 billion, or $1.88 per diluted share.
Generated free cash flow of $1.2 billion in the second quarter.
Raising full-year adjusted EPS guidance to between $3.00 and $3.75 per diluted share.
American Airlines
American Airlines
American Airlines Revenue by Segment
American Airlines Revenue by Geographic Location
Revenue by Segment
Passenger Revenue
CapyFin.comCargo Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
Domestic Passenger Revenue
CapyFin.comLatin America Passenger Revenue
CapyFin.comAtlantic Passenger Revenue
CapyFin.comPacific Passenger Revenue
CapyFin.com Forward Guidance
The company expects its third-quarter 2023 adjusted earnings per diluted share to be between $0.85 and $0.95. American now expects its full-year 2023 adjusted earnings per diluted share to be between $3.00 and $3.75. The company’s forecasts include the estimated impact of anticipated new labor agreements.
Positive Outlook
- Third-quarter 2023 adjusted earnings per diluted share to be between $0.85 and $0.95.
- Full-year 2023 adjusted earnings per diluted share to be between $3.00 and $3.75.
- Forecasts include the estimated impact of anticipated new labor agreements.
- Demand trends remain strong.
- Fuel price forecast is favorable.
Challenges Ahead
- Guidance excludes the impact of special items.
- The company is unable to reconcile certain forward-looking projections to GAAP.
- New labor agreements may impact earnings.
- Weather and air traffic control challenges.
- Potential economic slowdown.
Revenue & Expenses
Visualization of income flow from segment revenue to net income