American Airlines Q3 Earnings: Revenue And Profit Beat, Annual Outlook Hike, Debt Reduction & More

American Airlines Group Inc. (NASDAQ:AAL) reported third-quarter financial results and updated its 2024 EPS outlook.

The airline reported third-quarter total operating revenue growth of 1.2% year-over-year to $13.647 billion, beating the consensus of $13.471 billion.

The adjusted operating margin stood at 4.7% compared to 5.4% a year ago. AAL reported adjusted EPS of $0.30, down from $0.38 a year ago but above the consensus of $0.15.

The company generated an operating cash flow for nine months ended September 30 of ~$3.585 billion and a free cash flow of ~$2.382 billion.

Also Read: Southwest Airlines Beats ...