American Airlines cuts 2026 earnings projections after surge in jet fuel

American said it could post an adjusted per-share loss of 40 cents up to earnings of $1.10 a share, lower than the earnings of $1.70 to $2.70 it forecast in January, though Wall Street analysts have been lowering their forecasts for the industry since the U.S.-Israel attacks on Iran this year.

Here is what American reported in the first quarter compared with Wall Street estimates compiled by LSEG:

• Loss per share: 40 cents adjusted vs. loss of 47 cents expected
• Revenue: $13.91 billion vs. $13.79 billion expected

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