business / markets
3 hours ago

American Airlines Reports Q4 Sales Surge Despite Stock Drop

American Airlines Reports Q4 Sales Surge Despite Stock Drop
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7 Highlights
  • American Airlines exceeds Q4 revenue expectations.
  • Despite strong results, American Airlines' stock fell 7.2%.
  • Non-GAAP profit beat analyst estimates by a wide margin.
  • Revenue increased 4.6%, higher than Wall Street's forecasts.
  • Full-year earnings guidance fell short of analyst predictions.
  • CEO Robert Isom expresses confidence for 2024 achievements.
  • Focus on long-term growth despite current financial metrics.
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