American Airlines Group's total revenue passenger miles (RPMs) for the month were 18.1 billion, down 0.3 percent versus April 2014. Total capacity was 22.1 billion available seat miles (ASMs), up 1.3 percent versus April 2014. Total passenger load factor was 81.6 percent for the month of April, down 1.3 percentage points versus April 2014.
Based on one month of actual data and two months of forecast, the Company continues to expect its second quarter 2015 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 4 to 6 percent. Due to the recent rise in crude oil prices, the Company is currently forecasting its second quarter fuel price to be approximately 10 cents higher than its previous guidance. The Company currently estimates that its second quarter fuel price will be $1.94 to $1.99 per gallon. As a result, the Company now expects its second quarter pretax margin excluding special items to be between 17 and 19 percent.
The following summarizes American Airlines Group traffic results for the month and year-to-date ended April 30, 2015 and 2014, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.
Mobileye (NYSE: MBLY) reported Q1 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $45.6 million versus the consensus estimate of $44.23 million.
"The first quarter marked a strong start to the year, highlighted by two significant new program wins that will include our EyeQ4 chip, demonstrating the ongoing demand for our state-of-the-art technology, which bundles multiple applications into a single package," stated Ziv Aviram, co-founder, president and chief executive officer of Mobileye. "During the quarter we saw accelerating trends toward ADAS and autonomous vehicle adoption, driven by recent announcements by OEMs and regulatory agencies, to improve driver safety. As a result, we believe the company is well positioned to benefit from increased global penetration."
At March 31, 2015, Mobileye had cash, cash equivalents and short-term investments of $426.2 million, compared to $375.1 million at December 31, 2014.
Offshore oil-drilling company Transocean Ltd. RIG, +0.05% reported late Wednesday a first-quarter loss of $438 million, or $1.33 a share, reversing a year-ago profit of $456 million, or $1.25 a share. Adjusted to exclude one-time items, the company earned $398 million, or $1.10 a share. Revenue for the three months ended March 31 fell to $2.04 billion from $2.34 billion a year ago. Analysts surveyed by FactSet had predicted Transocean would earn 61 cents a share on $1.92 billion in revenue.
UBS forecasts Transocean will have $4.9 billion in negative free cash flow over the next two years.
Herbalife (NYSE: HLF) reported Q1 EPS of $1.29, $0.28 better than the analyst estimate of $1.01.
Herbalife sees FY2015 EPS of $4.30-$4.60, versus the consensus of $4.22.