Anglo American plc (AAL) Earnings Call Transcripts

Anglo American plc's Latest Earnings Call - June 10, 2026

In the Q2 2026 earnings call for American Airlines Group Inc., management indicated that earnings are expected to be flat compared to 2025 due to rising fuel costs, which have increased by over $5 billion year-over-year. Despite this, revenue performance has exceeded expectations, driven by strong demand and commercial initiatives. The company maintained its guidance for 2026, projecting earnings of approximately $2.20 per share, which suggests potential upside if fuel prices stabilize.

Reported metrics

Guidance from management

Management maintained its guidance for 2026, projecting earnings of approximately $2.20 per share and EBITDAR of around $7 billion, despite challenges from rising fuel costs.

What management said

Good morning, and thank you for joining us at 2026 Annual Meeting of Stockholders of American Airlines Group, Inc. I'm Greg Smith, Chairman of the Board. The meeting is now called to order. Joining me today are members of the executive team and the Board of Directors, including our CEO, Robert Isom. We will start with some housekeeping items and then move to the official business of the meeting. After the conclusio...

Thank you, Mr. [indiscernible]. The company's response to your proposal can be found in our proxy statement. The next item of business is a stockholder proposal from the National Legal and Policy Center. We will now hear from [ Paul Chesser ] from the NLPC to present the proposal. Mr. Chesser provided the company the following pre-reported remarks.

What analysts pressed on

Analysts expressed concerns regarding the company's stagnant stock price and the impact of rising fuel costs on profit margins. There were questions about the effectiveness of current strategies in improving shareholder value amidst these challenges.

Main topics on the call

• Fuel Cost Impact — Management highlighted that the sharp increase in jet fuel prices is materially impacting 2026 earnings, which are now expected to be 'roughly flat relative to 2025'. This increase in fuel expense has been over $5 billio...
• Revenue Performance — American Airlines reported strong revenue performance, which has enabled the company to offset much of the increased fuel expenses. Management noted that 'our revenue performance, driven by our commercial initiatives, ha...
• Margin Expansion Potential — Despite current challenges, management expressed confidence in margin expansion potential, stating, 'I'm even more confident in our margin expansion potential than I was at the start of the year'. They expect meaningful ...
• Long-Term Investments — The company is making significant long-term investments, including a new order for wide-body aircraft and upgrades to airport facilities. These investments are aligned with their strategy to enhance customer experience a...

Read the full Anglo American plc transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 93 Anglo American plc earnings call transcripts on record, spanning January 8, 2020 to July 30, 2026. Based on this history, Anglo American plc reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

AAL

Exchange

LSE

Country

GB

Sector

Materials

Industry

Metals and Mining

Calls on record

93

First call

January 8, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly