Passenger revenue of $15.21 billion missed the $15.28 billion expectation, while load factor came in at 83.2% versus 84.7%, pointing to softer seat occupancy despite the profit beat.
American Airlines reported Q2 adjusted EPS of $0.15, well above the $0.027 estimate. The earnings beat was tempered by weaker operating metrics: passenger revenue came in at $15.21 billion versus the $15.28 billion expected, and load factor (share of seats filled) was 83.2% compared with the 84.7% forecast. The result suggests profitability outperformed expectations even as revenue and seat occupancy were slightly softer.