Investing.com - American Airlines (NASDAQ:AAL) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
American Airlines announced earnings per share of -1.69 on revenue of 7.48B. Analysts polled by Investing.com anticipated EPS of -2.12 on revenue of 7.3B.
American Airlines shares are up 31% from the beginning of the year, still down 17.98% from its 52 week high of 26.09 set on March 18. They are outperforming the Nasdaq 100 which is up 15.16% from the start of the year.
American Airlines follows other major Transportation sector earnings this month
American Airlines's report follows an earnings matched by Canadian National Railway on Tuesday, who reported EPS of 1.49 on revenue of 3.6B, compared to forecasts EPS of 1.49 on revenue of 3.66B.
CSX had beat expectations on Wednesday with second quarter EPS of 0.4 on revenue of 2.99B, compared to forecast for EPS of 0.369 on revenue of 2.92B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar