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 Performance
AAL stock traded up $0.37 during midday trading on Friday, hitting $13.15. 44,350,761 shares of the stock were exchanged, compared to its average volume of 34,918,906. The stock’s 50-day moving average price is $11.28 and its 200-day moving average price is $11.78. The stock has a market cap of $8.63 billion, a price-to-earnings ratio of 21.92, a PEG 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 released its quarterly earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14. The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.50 billion. American Airlines Group had a negative return on equity of 19.49% and a negative net margin of 0.23%. American Airlines Group’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 earnings per share. Research analysts anticipate that American Airlines Group will post 1.22 EPS for the current year.
Analyst Upgrades and Downgrades
Read Our Latest Research 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.
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