American Airlines Up After Q3 Earnings Beat
October 20 2022 - 08:02AM
TipRanks
American Airlines Group (NASDAQ: AAL) posted record Q3 revenues of
$13.5 billion, up 13% over the same period in 2019 and in line with
consensus estimates. The airliner's adjusted earnings came in at
$0.69 per share in the third quarter versus $0.25 in the same
period a year back. Analysts were expecting earnings of $0.54 per
share. American Airlines' CEO Robert Isom stated, "Demand
remains strong and it’s clear that customers in the U.S. and other
parts of the world continue to value air travel and the ability to
reconnect post-pandemic. American has the youngest, most
fuel-efficient fleet among U.S.
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American Airlines (NASDAQ:AAL)
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