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American Airlines Forecasts Downbeat 2025 Profit on Strategy Misstep
(Reuters) -American Airlines forecast 2025 profit below Wall Street expectations on Thursday, hurt by an uptick in jet fuel prices and efforts to fix a sales-strategy misstep that drove away corporate travelers. Shares of the carrier dropped 6% in premarket trade.
American Airlines forecasts weak 2025 profit on costly labor deals
American Airlines forecast 2025 profit below Wall Street expectations as the carrier braces for higher costs stemming from expensive labor contracts signed last year, sending its shares down 8% on Thursday.
American Airlines Shares Fall On Lackluster 2025 Profit Outlook
Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its earnings topped expectations in the most recent quarter.
16h
Cholula maker McCormick forecasts tepid annual sales, profit on slowing demand, rising expenses
Cholula hot sauce maker McCormick forecast annual sales and profit below analysts' estimates on Thursday, hurt by a ...
19h
on MSN
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective ...
2d
Capital One Profit Climbs 55% as Margins Expand, Card Loans Grow
Capital One Financial Corp. posted a higher fourth-quarter profit as net interest margins widened and credit-card loans ...
7h
JPMorgan CEO Dimon's 2024 pay rises after record profit
JPMorgan Chase said on Thursday that long-serving CEO Jamie Dimon's 2024 pay package climbed about 8.3% to $39 million after ...
1d
on MSN
Trucker Knight-Swift Swings to Fourth-Quarter Profit
The truckload-market leader expects gradual improvement this year, with a stronger rebound coming in 2026.
7h
on MSN
California is investigating OpenAI’s conversion to a for-profit company
The state’s attorney general asked the company how it plans to transfer assets out of its charitable nonprofit.
14h
on MSN
Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting
Union Pacific reported 7% more fourth quarter profit as it managed to deliver more shipments with fewer employees and continued to make the railroad more efficient ...
4h
JPMorgan CEO Jamie Dimon's 2024 pay rises after record profit
Some of the other senior executives at the bank also saw their compensation rising by between 4% and 21% in 2024.
10h
on MSN
GE Aerospace Tops Profit Estimates, Plans $7 Billion Buyback
General Electric Co. exceeded Wall Street expectations for profit and sales in the final months of the year as the jet engine ...
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