American Airlines Non-GAAP EPS of $0.16 misses by $0.19, revenue of $14B misses by $30M

American Airlines press release (AAL): Q4 Non-GAAP EPS of $0.16 misses by $0.19.
Revenue of $14B (+2.2% Y/Y) misses by $30M.
Full-year 2026 adjusted EPS3 expected to be between $1.70 and $2.70 vs vs $1.96 consensus
Company expects free cash flow4 of more than $2 billion in 2026
Reduced total debt by $2.1 billion in 2025

Q1 2026E (vs. Q1 2025)
Available seat miles (ASMs)			Up 3.0% – 5.0%
Total revenue			Up 7.0% – 10.0%
CASM excluding fuel, profit sharing and net special items6			Up 3.0% – 5.0%
Adjusted loss per diluted share			($0.10) – ($0.50)