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going to start here with American Airlines, the company missing Wall Street estimates for the fourth quarter earnings, the airline noting the government shutdown negatively hit revenue by about $325 million.
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Looking ahead to the first quarter, American Airlines also providing preliminary estimates of the impact from this week’s winter storm. Revenue expected to take a 150 to $200 million hit.
00:19 Speaker A
And keeping our eyes to the skies, Jet Blue also reporting quarterly results. The airline reporting a wider than expected loss for the fourth quarter. company noting macroeconomic uncertainty affected its return to profitability in 2025.
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For the first quarter, Jet Blue sees capital expenditures of about 200 million, lower than the analyst estimates of $232 million. For the full year, the airline sees available seat miles growth of 2.5 to 4.5%.
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However guidance excludes the impact of the massive storm.
00:51 Speaker A
And lastly, steel manufacturer Nucor reporting a miss on revenue for the fourth quarter, earnings also falling below the street’s estimates. The steel Mills segment in particular, earnings were down due to lower volumes and margin compression.
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Meanwhile looking ahead at 2026, the company’s CEO is encouraged by robust demand in several key end markets, historically strong backlogs, and federal policies that support the domestic steel industry.