In intraday trade, AAL stock price today sits at $13.48 as traders monitor crude oil futures, knowing lower fuel prices historically drive upward revisions in airline profit estimates. AAL’s Upbeat Passenger Volumes: Improvement in air travel demand following the end of the pandemic bodes well for American Airlines' top line. While air travel demand is particularly strong on the leisure front, business travel has also made an encouraging comeback. Owing to buoyant air-travel demand, American Airlines posted a year-over-year increase (2.1%) in revenues during the first nine months of 2024. Passenger revenues are expected to have been strong in the fourth quarter of 2024 as well, owing to healthy passenger volumes, particularly during the Thanksgiving holiday period. The investment community will be closely monitoring the performance of American Airlines in its forthcoming earnings report. It is anticipated that the company will report an EPS of -$0.26, marking a 186.67% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $13.62 billion, reflecting a 0.23% fall from the equivalent quarter last year. AAL stock price today is consolidating near $13.47, with analysts predicting mid-year revenue growth aligned with industry data showing capacity expansion of 5–6% year-over-year.
