Investing.com - American Airlines announced fourth quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The company reported earnings per share of $1.15 on revenue of $11.31B. Analysts polled by Investing.com forecast EPS of $1.17 on revenue of $11.32B. That was in comparison to EPS of $1.04 on revenue of $10.94B in the same quarter a year before. American Airlines had announced EPS of $1.42 on revenue of $11.91B in the previous quarter.
Analysts are expecting EPS of $0.4 and revenue of $10.94B in the next quarter.
American Airlines share's are down 4.74% from the beginning of the year , still down 26.62% from its 52 week high of $37.23 set on February 5, 2019.
American Airlines follows other major Transportation sector earnings this month
On January 16, CSX announced fourth quarter EPS of $0.99 on revenue of $2.89B, was in comparison to a forecasts for EPS of $0.96 on revenue of $2.92B.
Delta Air Lines earnings beat analysts' expectations on January 14, with fourth quarter EPS of $1.7 on revenue of $11.44B. Investing.com analysts forecast EPS of $1.4 on revenue of $11.34B
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