(C) Reuters American Airlines Earnings, Revenue Miss in Q1
American Airlines announced earnings per share of $-4.32 on revenue of $4.01B. Analysts polled by Investing.com anticipated EPS of $-4.18 on revenue of $4.12B.
American Airlines shares are up 33% from the beginning of the year, still down 19.47% from its 52 week high of $26.09 set on March 18. They are outperforming the Nasdaq which is up 8.24% from the start of the year.
American Airlines’s report follows an earnings missed by CSX on Tuesday, who reported EPS of $0.93 on revenue of $2.81B, compared to forecasts EPS of $0.9613 on revenue of $2.79B.
Southwest Airlines had beat expectations on Thursday with first quarter EPS of $-1.72 on revenue of $2.05B, compared to forecast for EPS of $-1.88 on revenue of $2.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
American Airlines Earnings, Revenue Miss in Q1
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