American Airlines Group (NASDAQ:AAL – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.350-1.600 for the period, compared to the consensus estimate of 1.210. The company issued revenue guidance of -. American Airlines Group also updated its Q4 guidance to $0.25-0.50 EPS.
American Airlines Group Stock Down 1.0 %
Shares of American Airlines Group stock opened at $12.83 on Thursday. American Airlines Group has a 52 week low of $9.07 and a 52 week high of $16.15. The stock’s 50-day simple moving average is $11.17 and its 200-day simple moving average is $11.78. The company has a market capitalization of $8.42 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 0.26 and a beta of 1.43.
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued its earnings results on Thursday, July 25th. The airline reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.05. American Airlines Group had a negative net margin of 0.23% and a negative return on equity of 19.49%. The firm had revenue of $14.33 billion during the quarter, compared to analyst estimates of $14.38 billion. During the same quarter in the prior year, the business earned $1.92 earnings per share. American Airlines Group’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, equities analysts expect that American Airlines Group will post 1.22 earnings per share for the current year.
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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, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
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