FORT WORTH, Texas (AP) _ American Airlines Group Inc. (AAL) on Thursday reported fourth-quarter net income of $414 million.
On a per-share basis, the Fort Worth, Texas-based company said it had profit of 95 cents. Earnings, adjusted for non-recurring costs, came to $1.15 per share.
The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of $1.15 per share.
The world's largest airline posted revenue of $11.31 billion in the period, which also matched Street forecasts.
American Airlines expects full-year earnings in the range of $4 to $6 per share.
American Airlines shares have fallen almost 5% since the beginning of the year. The stock has fallen 17% in the last 12 months.