American Airlines: Left Far Behind
Portfolio Pulse from
American Airlines has provided bullish guidance, raising its Q4'24 EPS to $0.65, surpassing consensus estimates. The airline's exclusive loyalty deal with Citi aims for 10% annual growth, potentially adding ~$2 to EPS by 2030. Despite this, the stock trades at 5x to 6x normalized EPS and remains below pre-Covid levels.
December 05, 2024 | 9:00 pm
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American Airlines has raised its Q4'24 EPS guidance to $0.65, exceeding consensus estimates. The airline's partnership with Citi aims for 10% annual growth, potentially adding ~$2 to EPS by 2030. Despite positive guidance, AAL trades below pre-Covid levels.
The bullish guidance and potential EPS growth from the Citi loyalty deal are positive indicators for AAL's stock. However, the stock's current valuation below pre-Covid levels suggests room for upward movement, especially if the market reacts positively to the guidance and growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100