Analysts Expect Loss, Revenue Growth
American Airlines (AAL) is expected to report a quarterly loss of $0.28 per share, according to Wall Street analysts. This represents a significant decline of 660% compared to the same period last year. However, revenues are forecasted to increase by 3.3% to $12.59 billion.
Analysts have been revising their earnings estimates downwards in the past month, with the consensus EPS estimate dropping by 2%. This suggests that analysts are becoming more cautious about the company's prospects.
Revenue- Passenger: Expected to reach $11.48 billion, a 3.4% increase year-over-year.
Expected to reach $890.29 million, a 3.2% increase year-over-year.
Expected to reach $197.34 million, an 11.5% decrease year-over-year.
Expected to reach 13.52 cents, compared to 13.18 cents in the same quarter last year.
Expected to reach 17.78 cents, compared to 18.06 cents in the same quarter last year.
Expected to reach 82.0%, compared to 80% in the same quarter last year.
Expected to reach $2.8 per gallon, compared to $3.28 per gallon in the same quarter last year.
Expected to reach 16.44 cents, compared to 17.08 cents in the same quarter last year.
Expected to reach 17.97 cents, compared to 18.75 cents in the same quarter last year.
Expected to reach 69,868.31 million, compared to 65,006 million in the same quarter last year.
Expected to reach 19.85 cents, compared to 21.35 cents in the same quarter last year.
Expected to reach 1,052.37 MGal, compared to 965 MGal in the same quarter last year.
American Airlines shares have declined by 4.8% in the past month, underperforming the Zacks S&P 500 composite's 4% decline. The company has a Zacks Rank #3 (Hold), suggesting that its stock price is expected to move in line with the overall market in the near term.