
Please try another search
Investing.com - American Airlines (NASDAQ:AAL) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
American Airlines announced earnings per share of $-2.65 on revenue of $8.52B. Analysts polled by Investing.com anticipated EPS of $-1.88 on revenue of $9.39B. That with comparison to EPS of $0.52 on revenue of $10.58B in the same period a year before. American Airlines had reported EPS of $1.15 on revenue of $11.31B in the previous quarter. Analysts are expecting EPS of $-6.21 and revenue of $4.84B in the upcoming quarter.
American Airlines shares are down 55% from the beginning of the year , still down 63.90% from its 52 week high of $34.99 set on July 24, 2019. They are under-performing the Nasdaq (NASDAQ:NDAQ) which is down 1.38% year to date.
American Airlines shares gained 1.82% in pre-market trade following the report.
American Airlines's report follows an earnings beat by Union Pacific on April 23, who reported EPS of $2.15 on revenue of $5.23B, compared to forecasts EPS of $1.9 on revenue of $5.11B.
United Parcel Service had missed expectations on Tuesday with first quarter EPS of $1.15 on revenue of $18.04B, compared to forecast for EPS of $1.25 on revenue of $17.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.