American Airlines Group (NASDAQ:AAL – Get Free Report) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided earnings per share guidance of 0.250-0.500 for the period, compared to the consensus earnings per share estimate of 0.270. The company issued revenue guidance of -. American Airlines Group also updated its FY 2024 guidance to 1.350-1.600 EPS.
American Airlines Group Stock Down 0.4 %
NASDAQ AAL traded down $0.05 during trading on Thursday, reaching $12.78. 65,487,835 shares of the stock traded hands, compared to its average volume of 34,872,938. The stock’s 50-day moving average price is $11.22 and its 200 day moving average price is $11.79. The firm has a market cap of $8.38 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 0.26 and a beta of 1.43. American Airlines Group has a fifty-two week low of $9.07 and a fifty-two week high of $16.15.
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued its quarterly earnings data on Thursday, July 25th. The airline reported $1.09 EPS for the quarter, topping the consensus estimate of $1.04 by $0.05. American Airlines Group had a negative return on equity of 19.49% and a negative net margin of 0.23%. The business had revenue of $14.33 billion for the quarter, compared to the consensus estimate of $14.38 billion. During the same quarter last year, the business posted $1.92 EPS. The firm’s revenue was up 2.0% compared to the same quarter last year. Analysts anticipate that American Airlines Group will post 1.22 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on American Airlines Group
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.
Further Reading
- Five stocks we like better than American Airlines Group
- The Significance of Brokerage Rankings in Stock Selection
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- 3 Best Fintech Stocks for a Portfolio Boost
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Financial Services Stocks Investing
- Tesla Stock: Buy the Dips, Sell the Rips
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.