American Airlines Group Inc reports results for the quarter ended December 31 - Earnings Summary

• American Airlines Group Inc AAL.OQ reported quarterly adjusted earnings of 86 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 30 cents to 78 cents per share.

• Revenue rose 4.6% to $13.66 billion from a year ago; analysts expected $13.40 billion.

• American Airlines Group Inc's reported EPS for the quarter was 84 cents​.

• The company reported quarterly net income of $590 million.

• American Airlines Group Inc shares had risen by 7.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 80.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the airlines peer group is also "buy"

Wall Street's median 12-month price target for American Airlines Group Inc is $20.00

This summary was machine generated from LSEG data January 23 at 03:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)