American Airlines Group (AAL) Set to Announce Quarterly Earnings on Thursday

American Airlines Group (NASDAQ:AAL) is scheduled to announce its earnings results before the market opens on Thursday, April 22nd. Analysts expect the company to announce earnings of ($3.85) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Wednesday, January 27th. The airline reported ($3.86) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($4.11) by $0.25. The business had revenue of $4.03 billion during the quarter, compared to analysts’ expectations of $3.86 billion. The business’s quarterly revenue was down 64.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.15 earnings per share. On average, analysts expect American Airlines Group to post $-20 EPS for the current fiscal year and $-6 EPS for the next fiscal year.

NASDAQ:AAL opened at $20.37 on Wednesday. The company’s 50-day moving average price is $22.98 and its 200-day moving average price is $17.11. The company has a market cap of $13.06 billion, a P/E ratio of -1.47 and a beta of 1.82. American Airlines Group has a twelve month low of $8.25 and a twelve month high of $26.09.

A number of brokerages recently weighed in on AAL. Stifel Nicolaus lifted their price objective on shares of American Airlines Group from $14.00 to $20.00 and gave the company a “hold” rating in a report on Wednesday, February 24th. They noted that the move was a valuation call. Morgan Stanley began coverage on shares of American Airlines Group in a research report on Tuesday, April 13th. They set an “underweight” rating and a $20.00 price objective for the company. Susquehanna Bancshares upped their price target on shares of American Airlines Group from $8.00 to $10.00 and gave the company a “negative” rating in a research report on Thursday, January 14th. Seaport Global Securities downgraded shares of American Airlines Group from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research report on Monday, February 1st. Finally, The Goldman Sachs Group upped their price objective on shares of American Airlines Group from $11.00 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 16th. Eight equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $15.80.

About American Airlines Group

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

Read More: Retained Earnings

Earnings History for American Airlines Group (NASDAQ:AAL)

Receive News & Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.