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

• American Airlines Group Inc AAL.OQ reported a quarterly adjusted loss of 59 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of eighteen analysts for the quarter was for a loss of 65 cents per share. Wall Street expected results to range from -80 cents to -20 cents per share.

• Revenue fell 0.2% to $12.55 billion from a year ago; analysts expected $12.60 billion.

• American Airlines Group Inc's reported EPS for the quarter was a loss of 72 cents​.

• The company reported a quarterly loss of $473 million.

• American Airlines Group Inc shares had fallen by 11.7% this quarter and lost 46.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 325.7% in the last three months.​

• In the last 30 days, twelve analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 10 "hold" and 1 "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 $12.00

This summary was machine generated from LSEG data April 24 at 02:30 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)