Earnings Review - American Airlines

LONDON, February 12, 2015 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Investor-Edge.com has issued free earnings review on American Airlines Group Inc. (NASDAQ: AAL). On January 27, 2015, the company reported its financial results for Q4 FY14 and full year FY14 (period ended December 31, 2014). Click on http://get.Investor-Edge.com/pdf/?c=American%20Airlines&d=12-Feb-2015&s=AAL to read our free earnings review on American Airlines Group Inc. (American Airlines). During Q4 FY14 and FY14, the company's total operating revenues as adjusted for special items grew 2.1% Y-o-Y and 5.6% Y-o-Y, respectively. Furthermore, American Airlines recorded a 153% Y-o-Y and 115% Y-o-Y rise in net income as adjusted for special items during Q4 FY14 and FY14, respectively. Chairman and CEO of American Airlines, Doug Parker, commented that the company's record 2014 results close out a fantastic first year for its merger. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=American%20Airlines&d=12-Feb-2015&s=AAL

Earnings Overview 

During Q4 FY14, American Airlines (formerly AMR Corporation) reported total operating revenues of $10.16 billion compared to $9.98 billion in Q4 FY13 combined with the results of US Airways Group. The company's total operating revenues during the reported quarter came in below Bloomberg analysts' forecast of $10.19 billion. Further, American Airlines' pre-tax margin, excluding special items, was 10.6% in Q4 FY14 compared to 4.9% in Q4 FY13. Further, American Airlines' consolidated passenger yield improved 0.9% Y-o-Y to a record 16.84 cents in Q4 FY14. However, consolidated passenger revenue per available seat miles (PRASM) on a combined basis was down 1.0% Y-o-Y to 13.50 cents. Free research on AAL can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=American%20Airlines&d=12-Feb-2015&s=AAL

In Q4 FY14, the company reported a record GAAP net income of $597 million, or $0.82 per diluted share, as compared to GAAP net loss of $2,000 million, or $5.38 loss per diluted share, in Q4 FY13. Analysts from Bloomberg had expected the company to report GAAP net income of $1,089 million, or $1.48 per diluted share, in Q4 FY14. Moreover, American Airlines' combined net income as adjusted for special items was a record $1,104 million in Q4 FY14 compared to $436 million in Q4 FY13.

For FY14, American Airlines' total operating revenues were $42.65 billion compared to $40.42 billion in FY13, combined with the results of US Airways Group. The company's total operating revenues during FY14 came in slightly below Bloomberg analysts' expectation of $46.67 billion. In FY14, the company's pre-tax margin, excluding special items, increased to 9.8% from 5.4% in FY13. Moreover, consolidated passenger yield improved to 17.04 cents in FY14 from 16.49 cents in FY13. Further, consolidated PRASM on a combined basis was up 2.2% Y-o-Y to 13.97 cents in FY14. Sign up and read the free analyst's notes on AAL at:

http://get.Investor-Edge.com/pdf/?c=American%20Airlines&d=12-Feb-2015&s=AAL

During FY14, the company's GAAP net income was $2.88 billion, or $3.93 per diluted share, compared to GAAP net loss of $1.83 billion, or $6.54 loss per diluted share, in FY13. Analysts from Bloomberg had expected the company to report GAAP net income of $3.67 billion, or $5.12 per diluted share, in FY14. Additionally, American Airlines' combined net income as adjusted for special items improved from $1.95 billion in FY13 to $4.18 billion in FY14.

During Q4 FY14, American Airlines returned $959 million to its shareholders through the payment of quarterly dividends of $72 million and the repurchase of 20.5 million shares for $887 million. Furthermore, the company repurchased a total of 23.4 million shares at an average price of $42.72 per share in FY14. During the reported quarter, the company also announced that its board of directors authorized an additional $2 billion share repurchase program to be completed by the end of 2016. Additionally, American Airlines' Board declared a dividend of $0.10 per share, which is payable on February 23, 2015 to its shareholders of record at the close of business on February 09, 2015.

Mr. Parker informed that American Airlines has much to do in the year ahead as it continues to integrate two large carriers. He asserted that the result the company has achieved thus far, combined with its economic outlook, gives it confidence that 2015 will be another outstanding year for American Airlines. Visit Investor-Edge and access the latest research on AAL at:

http://get.Investor-Edge.com/pdf/?c=American%20Airlines&d=12-Feb-2015&s=AAL

Stock Performance 

On the day of the earnings release, January 27, 2015, shares of American Airlines ended the session at $52.70, down 4.97%. Since then, the stock has moved both ways with losses outperforming gains. On the last close, Wednesday, February 11, 2015, the company's stock finished at $47.59 which is 0.96% below its previous day's closing price of $48.05, after vacillating between $47.35 and $48.95. A total of 10.04 million shares were traded which was below its three months average volume of 13.41 million shares. Over the previous three months and over the past one year, the company's shares have gained 9.55% and 35.47%, respectively. However, the stock has lost 8.52% over the last one month. Shares in American Airlines are trading above their 200-day moving average of $42.34. Furthermore, the stock traded at a PE ratio of 9.44 and has a Relative Strength Index (RSI) of 43.46.

Sneak Peek to Corporate Insider Trading 

In the last one month, American Airlines has not reported any share transactions by insiders to the U.S. Securities and Exchange Commission (SEC).  Complimentary in-depth research on AAL is available at:

http://get.Investor-Edge.com/pdf/?c=American%20Airlines&d=12-Feb-2015&s=AAL

About Investor-Edge.com 

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