Fort Worth, Texas – American Airlines, based in Fort Worth, Texas, recently followed in the footsteps of other major U.S. carriers by withdrawing its 2025 outlook due to economic uncertainty. The decision to withdraw projections for 2025 joined the actions of Delta Air Lines and Southwest Airlines, with the airline stating that it plans to provide a full-year update as the economic situation becomes clearer. American Airlines did provide a current-quarter adjusted earnings per share projection ranging from $0.50 to $1, falling mostly below the consensus of $0.95 according to Visible Alpha.
The airline reported an adjusted loss of $0.59 per share for the first quarter, with operating revenue amounting to $12.55 billion. This result surpassed the expectations of analysts, who had predicted an adjusted loss of $0.69 per share on revenue of $12.53 billion. Last month, American Airlines expanded its Q1 adjusted loss forecast and lowered its revenue outlook due to the impact of Flight 5342 and softness in the domestic leisure segment. Despite these challenges, American Airlines shares saw a 2.5% increase in recent trading, though they had experienced a decline of over 45% in 2025.
On a different note, Bank of America analysts revised their price target on Apple stock to $240, noting concerns about tariff-related costs and delayed AI features impacting device demand. The stock, which had dropped around 17% this year, saw an increase of 1% to about $207 recently. As the company prepares to report earnings, investors await information on how tariffs may have influenced sales during the recent quarter.
In terms of other tech giants, Google parent Alphabet is set to release its first-quarter results, with analysts expressing optimism about the company’s ability to weather economic uncertainties. Analysts highlighted Alphabet’s prospects for growth through AI tools such as Google’s AI Mode in Search. Shares of Alphabet increased by 2% to around $161, despite a 16% decline since the beginning of 2025.
Meanwhile, Hasbro shares surged after reporting better-than-expected results for the first quarter and extending its licensing deal with Disney. CEO Chris Cocks expressed satisfaction with the company’s “Playing to Win” strategy, aiming for consistent revenue growth through 2027. Hasbro’s shares jumped 16% in recent trading, propelling the stock back into positive territory for 2025.
Intel’s new CEO, Lip-Bu Tan, made his earnings debut, with investors eager to learn about the company’s future under his leadership. Wall Street analysts anticipate Intel to report revenue of $12.3 billion and adjusted net income of $41.6 million for the most recent quarter. Intel’s stock increased by about 3% in recent trading ahead of the report, with analysts cautiously watching for potential developments.
In other news, IBM shares dropped as CEO Arvind Krishna warned of potential spending slowdowns due to macroeconomic conditions and government policies. Krishna acknowledged uncertainty among clients, leading to a more conservative outlook despite a strong quarterly performance. IBM affirmed its full-year revenue forecast and predicted revenue for the current quarter to be within a specific range.
On a final note, Procter & Gamble experienced a decline in shares after reporting sales below expectations for the fiscal third quarter and cutting its full-year outlook. The consumer goods giant trimmed its sales forecast while expecting core EPS growth. CEO Jon Moeller emphasized confidence in the company’s long-term growth prospects amidst market challenges. Shares of P&G were down over 4% in recent trading but had only decreased by just over 1% since the start of the year.