American Airlines earnings beat by $0.14, revenue topped estimates

investing.com 24/10/2024 - 11:06 AM

American Airlines Earnings Report

Investing.com – American Airlines (NASDAQ: AAL) reported a third quarter EPS of $0.30, exceeding analyst estimates of $0.16 by $0.14. Revenue for the quarter reached $13.6B, which also surpassed the consensus estimate of $13.52B.

Guidance

American Airlines projects FY 2024 EPS between $1.35 and $1.60, compared to the analyst consensus of $1.22.

At close, American Airlines's stock price was $12.83, reflecting a 20.81% increase over the last 3 months and 16.21% over the past 12 months.

During the last 90 days, the company experienced 1 positive EPS revision and 12 negative EPS revisions. You can view American Airlines's stock price’s past reactions to earnings on InvestingPro.

According to InvestingPro, American Airlines's Financial Health score indicates good performance.

Stay informed on upcoming earnings reports by checking Investing.com's earnings calendar.




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