MstrAv8r

• Highest-ever quarterly revenue of $14.3 billion.
• Second-quarter net income of $717 million, or $1.01 per diluted share. Excluding net special items1, second-quarter net income of $774 million, or $1.09 per diluted share.
• Generated operating cash flow of approximately $1.1 billion and free cash flow of approximately $850 million in the second quarter.
• Reduced total debt by approximately $680 million in the second quarter.
• On track to reduce total debt from peak levels by $15 billion by year-end 2025.
• Full-year adjusted earnings per diluted share4 expected to be between $0.70 and $1.30.

hercretired

stock is up 5% today

https://finance.yahoo.com/quote/AAL/

"bad news is good news" etc etc

Scar09

so get financial house in order, because we are going bankrupt?

hercretired

immediate liquidation and ceasing operations any day now, according to "inside info" on the hotel van

CRJCapitan

Making money is always a good thing. A lot of work to be done to improve our annual outlook as well.

FlyinCat

That headline doesn't tell the whole story. High revenue, yes. However, 46% drop in profit.

"American said it expects to earn an adjusted 70 cents to $1.30 per share this year, well below the $2.25 to $3.25 a share it forecast in April and short of the $1.10 to $2.60 a share that Wall Street analysts were expecting, according to LSEG. The Fort Worth-Texas based airline also estimated its unit revenue would drop as much as 4.5% for the third quarter as high travel demand failed to make up for an excess of flights." - MSNBC

Sliceback

Delta - JuneQuarter 2024 GAAP Financial Results

• Operating revenue of $16.7 billion
• Operating income of $2.3 billion with an operating margin of 13.6 percent
• Pre-tax income of $1.8 billion with a pre-tax margin of 10.6 percent
• Earnings per share of $2.01
• Operating cash flow of $2.5 billion
• Payments on debt and finance lease obligations of $1.4 billion
• Total debt and finance lease obligations of $18.0 billion at quarter end

JuneQuarter 2024 Adjusted Financial Results

• Operating revenue of $15.4 billion, 5.4 percent higher than the June quarter 2023
• Operating income of $2.3 billion with an operating margin of 14.7 percent
• Pre-tax income of $2.0 billion with a pre-tax margin of 13.0 percent
• Earnings per share of $2.36
• Operating cash flow of $2.5 billion
• Free cash flow of $1.3 billion
• Adjusted debt to EBITDAR of 2.8x, down from 3.0x at the end of 2023
• Return on invested capital of 13.1 percent

Sliceback

United - Second-Quarter Financial Results
• Capacity up 8.3% compared to second-quarter 2023.
• Total operating revenue of $15.0 billion, up 5.7% compared to second-quarter 2023.
• TRASM down 2.4% compared to second-quarter 2023.
• CASM down 4.8%, and CASM-ex1 up 2.1%, compared to second-quarter 2023.
• Pre-tax earnings of $1.7 billion, with a pre-tax margin of 11.6%; adjusted pre-tax earnings1 of $1.8 billion, with an adjusted pre-tax margin1 of 12.1%.
• Net income of $1.3 billion; adjusted net income1 of $1.4 billion.
• Diluted earnings per share of $3.96; adjusted diluted earnings per share1 of $4.14.
• Average fuel price per gallon of $2.76.
• Ending available liquidity4 of $18.2 billion.
• Total debt and finance lease obligations of $26.6 billion at quarter end.
• Trailing twelve months adjusted net debt to adjusted EBITDAR of 2.6x 3 .
• In July, voluntarily pre-paid the remaining $1.8 billion outstanding balance of the MileagePlus term loan with an interest rate near 11%.

Sliceback

AA's results look nice...until you compare them to DL and UA.

Anyone miss NumbersBob? I do.

Werjower

Comparison is the thief of joy..?