American Airlines Group (NASDAQ:AAL) issued an update on its third quarter 2021 earnings guidance on Thursday morning. The company provided earnings per share guidance of $-1.040-$-0.960 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-1.200. The company issued revenue guidance of $8.96 billion-$8.96 billion, compared to the consensus revenue estimate of $8.85 billion.
Shares of NASDAQ:AAL opened at $19.61 on Thursday. American Airlines Group has a 12 month low of $10.63 and a 12 month high of $26.09. The stock has a market cap of $12.70 billion, a price-to-earnings ratio of -1.87 and a beta of 1.78. The stock’s 50 day moving average price is $20.10 and its 200 day moving average price is $21.45.
American Airlines Group (NASDAQ:AAL) last announced its earnings results on Wednesday, July 21st. The airline reported ($1.69) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.71) by $0.02. The firm had revenue of $7.48 billion for the quarter, compared to the consensus estimate of $7.48 billion. American Airlines Group’s revenue for the quarter was up 361.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($7.82) EPS. On average, equities analysts predict that American Airlines Group will post -6.89 earnings per share for the current fiscal year.
American Airlines Group Company Profile
American Airlines Group, Inc is a holding company, which engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. It operates through the following geographical segments: Department of Transportation Domestic; Department of Transportation Latin America; Department of Transportation Atlantic; and Department of Transportation Pacific.
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