American Airlines Group Inc. (NASDAQ: AAL) reported its second quarter 2024 earnings results today.
Total operating revenues increased 2% year-over-year to $14.3 billion.
Net income decreased 46% year-over-year to $717 million, or $1.01 per share, compared to last year. Adjusted EPS was $1.09.
Earnings beat estimates while revenue fell short.
The company expects its full-year 2024 adjusted EPS to range between $0.70 and $1.30.
The stock fell over 7% in premarket hours on Thursday.