LONDON, UK / ACCESSWIRE / February 01, 2018 / Active-Investors.com has just released a free earnings report on American Airlines Group Inc. (NASDAQ: AAL). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=AAL. The Company released its financial results on January 25, 2018, for the fourth quarter fiscal 2017 (Q4 FY17) and for the full fiscal year 2017 (FY17). The Fort Worth, Texas-based Company's total operating revenue grew 8.3% y-o-y, beating market consensus estimates. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, American Airlines Group most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

In Q4 FY17, American Airlines' total operating revenue grew to $10.60 billion from $9.79 billion recorded at the end of Q4 FY16. The Company's total operating revenue numbers outshone market consensus estimates of $10.58 billion.

The Company's net income came in at $258 million, or $0.54 per diluted share, in Q4 FY17 compared to $289 million, or $0.56 per diluted share, in the prior year's same quarter. Excluding special items, net income came in at $455 million, or $0.95 per diluted share, for Q4 FY17 versus $475 million, or $0.92 per diluted share, in Q4 FY16. Meanwhile, the non-GAAP net income outperformed market consensus estimates of $0.92 per diluted share.

American Airlines' total operating revenues came in at $42.21 billion for FY17, up 5% from $40.18 billion in FY16. The Company's non-GAAP net income was $2.40 billion, or $4.88 per diluted share, in FY17 compared to $3.17 billion, or $5.71 per diluted share, in the previous year.

Operational Metrics

In the quarter ended December 31, 2017, American Airlines' non-GAAP operating expenses came in at $9.61 billion versus $8.76 billion in Q4 FY16. The Company's non-GAAP operating income fell to $993 million during Q4 FY17 from $1.03 billion in the last year's comparable quarter. Additionally, the Company generated $739 million of pre-tax income versus $773 million in Q4 FY16. Additionally, pre-tax margin came in at 7.0% for Q4 FY17 compared to 7.9% in Q4 FY16.

During the reported quarter, the revenue passenger miles were 55.33 billion miles, up 3.5% from 53.45 billion miles in Q4 FY16. Available seat miles (ASM) was 67.36 billion miles, rising 2.5% from 65.68 billion miles in Q4 FY16. Passenger load factor improved to 82.1% during Q4 FY17 from 81.4% in Q4 FY16. Passenger enplanements were 50.03 million during Q4 FY17 compared to 47.98 million in the last year's corresponding quarter. Consolidated passenger revenue per available seat mile (PRASM) increased 5.4% to ¢13.39 y-o-y in Q4 FY17. Furthermore, total revenue per ASM (TRASM) was ¢15.74 in Q4 FY17 compared to ¢14.90 in Q4 FY16.

Cargo ton miles was 752 million miles in Q4 FY17, which was 12.2% higher than the 670 million miles recorded in the year ago same period. For the reported quarter, Cargo yield per ton mile was ¢30.91 versus ¢28.97 in Q4 FY16.

Revenue Segmentation

American Airlines' mainline passenger revenue was $7.26 billion for Q4 FY17 compared to $6.72 billion reported in Q4 FY16. The Company's regional passenger revenue also increased 8.1% to $1.76 billion y-o-y in Q4 FY17 from $1.63 billion in Q4 FY16.

During the reported period, Cargo revenue was up by 19.7% to $232 million on a y-o-y basis. Furthermore, other operating revenue came in at $1.35 billion during Q4 FY17 versus $1.25 billion in the year ago comparable quarter.

Cash Matters and Balance Sheet

As on December 31, 2017, American Airlines' cash balance was $295 million versus $322 million as on December 31, 2016. The Company's short-term investments stood at $4.77 billion as on December 31, 2017, compared to $6.04 billion as on December 31, 2016. Additionally, the Company's net long-term debt and capital leases amounted to $22.51 billion as on December 31, 2017, compared to $22.49 billion as on December 31, 2016.

Dividend and Share Repurchase

On January 25, 2018, American Airlines' Board of Directors declared a dividend of $0.10 per share, to be paid on February 20, 2018, to stockholders of record as of February 06, 2018.

In FY17, the Company has returned $1.7 billion to shareholders through share repurchases and dividends, totaling $11.4 billion since mid-2014. Furthermore, the Company has approximately $450 million remaining of its current $2.0 billion share repurchase authority as on December 31, 2017.

Earnings Guidance

In its outlook for Q1 FY18, American Airlines anticipates consolidated TRASM to increase approximately 2.0% to 4.0%. The management forecasts a pre-tax margin, excluding special items, to be between 2.0% and 4.0% in the upcoming quarter. Furthermore, diluted earnings per share (EPS) is anticipated to be between $5.50 and $6.50 for the full year FY18.

Stock Performance Snapshot

January 31, 2018 - At Wednesday's closing bell, American Airlines Group's stock rose 3.29%, ending the trading session at $54.32.

Volume traded for the day: 5.96 million shares, which was above the 3-month average volume of 4.41 million shares.

Stock performance in the last month ? up 4.40%; previous three-month period ? up 14.96%; past twelve-month period ? up 22.76%; and year-to-date ? up 4.40%

After yesterday's close, American Airlines Group's market cap was at $25.98 billion.

Price to Earnings (P/E) ratio was at 13.89.

The stock has a dividend yield of 0.74%.

The stock is part of the Services sector, categorized under the Major Airlines industry.

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