American Airlines Group (NASDAQ:AAL – Get Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided EPS guidance of 1.350-1.600 for the period, compared to the consensus EPS 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 Price Performance
Shares of NASDAQ:AAL opened at $13.15 on Friday. The business has a 50-day moving average of $11.28 and a two-hundred day moving average of $11.77. The firm has a market capitalization of $8.63 billion, a PE ratio of 21.92, a P/E/G ratio of 0.26 and a beta of 1.43. American Airlines Group has a 12 month low of $9.07 and a 12 month high of $16.15.
American Airlines Group (NASDAQ:AAL – Get Free Report) last posted its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.14. The firm had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.50 billion. American Airlines Group had a negative net margin of 0.23% and a negative return on equity of 19.49%. The company’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.38 EPS. As a group, research analysts anticipate that American Airlines Group will post 1.22 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on AAL
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.
Read More
- Five stocks we like better than American Airlines Group
- 5 Top Rated Dividend Stocks to Consider
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- What is a Low P/E Ratio and What Does it Tell Investors?
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
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.