American Airlines Group (AAL) Scheduled to Post Quarterly Earnings on Friday

American Airlines Group (NASDAQ:AAL) will release its earnings data before the market opens on Friday, April 26th. Analysts expect American Airlines Group to post earnings of $0.52 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings data on Thursday, January 24th. The airline reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. American Airlines Group had a net margin of 3.17% and a negative return on equity of 322.87%. The company had revenue of $10.94 billion for the quarter, compared to analysts’ expectations of $10.94 billion. During the same quarter in the previous year, the firm posted $0.95 earnings per share. American Airlines Group’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts expect American Airlines Group to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of American Airlines Group stock opened at $33.99 on Thursday. American Airlines Group has a twelve month low of $28.81 and a twelve month high of $45.93. The firm has a market capitalization of $15.43 billion, a P/E ratio of 7.47, a price-to-earnings-growth ratio of 1.12 and a beta of 1.53.

AAL has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of American Airlines Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 15th. BidaskClub upgraded shares of American Airlines Group from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. Cowen dropped their target price on shares of American Airlines Group from $43.00 to $42.00 and set an “outperform” rating on the stock in a report on Tuesday, April 9th. Bank of America restated a “buy” rating and issued a $39.00 target price (down previously from $42.00) on shares of American Airlines Group in a report on Thursday, April 4th. Finally, Imperial Capital restated an “outperform” rating and issued a $43.00 target price (down previously from $46.00) on shares of American Airlines Group in a report on Friday, March 15th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $44.85.

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About American Airlines Group

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2018, the company operated a mainline fleet of 956 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, London Heathrow, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc in December 2013.

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Earnings History for American Airlines Group (NASDAQ:AAL)

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