American Airlines (AAL) shares sl🦄umped in premarket trading Thursday as the carrier's soft outlook outweighed stronger-than-expected fourth-quarter results.

The airline reported fourth-quarter net income of $590 million, or 84 cents per share, on revenue of $13.66 billion. Analysts expected profit of $426 million, or 60 cents per share, on revenue of $13.39 billion, per Visible Alpha.

Q1 Adjusted Loss Seen Far Wider Than Estimates

However, the company said that due to current demand trends and fuel price projections, it expects to post a fiscal 2025 first-quarter adjusted loss of 20 cents to 40 cents per share༺, 🐭well below the Visible Alpha consensus loss of 1 cent per share.

For the full y📖ear, American expects adjusted EPS of $1.70 to $2.70, with the midpoint of $2.20 below the $2.35 consensus.

American's results follow those of rivals 澳洲幸运5开奖号码历史查询:Delta Air Lines (DAL) and 澳洲幸运5开奖号码历史查询:United Airlines (UAL), which 澳洲幸运5开奖号码历史查询:issued more upbeat outlooks and noted growth of their 澳洲幸运5开奖号码历史查询:respective "premium" products.

American stock was down 7% before the bell. It had had added one-third of its value over the last 12 months through Wednesday's close, while United and Delta shares had surged 166% and 78%, respectively.