On Oct. 19, American Airlines' parent AMR
- Net loss of $0.93 doesn't include one-time items. But even with one-offs excluded, American only managed a $0.58 loss, which is still higher than Street estimates.
- A check of the income statement shows fuel costs were up nearly 50% over last year's third quarter. American had better not pin its hopes on a drop in oil prices the way United has.
- It's hard to see how this company will succeed long-term when a record-high passenger load factor -- at 81.2% during Q3 -- still results in losses. No wonder so many Fools hate the airline industry.
(Figures in millions, except per-share data)
Income Statement Highlights
(What's this?)
Avg. Est. |
Q3 2005 |
Q3 2004 |
% Change |
|
---|---|---|---|---|
Sales |
$5,462 |
$5,485 |
$4,762 |
+15.2% |
Net Profit |
-- |
$(153) |
$(214) |
N/A |
EPS |
$(0.45) |
$(0.93) |
$(1.33) |
N/A |
Margin Checkup (What's this?)
Q3 2005 |
Q3 2004 |
Change |
|
---|---|---|---|
Gross Margin |
34.68% |
36.01% |
-1.34% |
Op. Margin |
0.71% |
-0.57% |
+1.28% |
Net Margin |
-2.79% |
-4.49% |
+1.70% |
Balance Sheet Highlights (What's this?)
No balance sheet data provided. (Lame!)
Cash Flow Highlights (What's this?)
No cash flow data provided. (What-ever!)
Related Companies:
-
Continental
(NYSE:CAL) - Delta
-
JetBlue
(NASDAQ:JBLU) - Northwest
- UAL Corp.
-
US Airways
(NYSE:LCC)
Related Foolishness:
- Yeah, we know airlines are bad. But what about online travel agencies?
- Is JetBlue good or bad? You tell us.
- Is American the worst company in America? One Fool wonders.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
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Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what is in his portfolio by checking Tim's Fool profile . The Motley Fool has an ironclad disclosure policy .