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American Airlines (AAL) Tops Q2 Earnings Estimates
ZACKS· 2024-07-25 13:15
American Airlines (AAL) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.81%. A quarter ago, it was expected that this world's largest airline would post a loss of $0.28 per share when it actually produced a loss of $0.34, delivering a surprise of -21.43%.Over the last four quarters, ...
American forecasts lower unit revenue, says took 'aggressive' action after sales strategy backfires
CNBC· 2024-07-25 11:05
An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in San Diego, California.American Airlines is forecasting a drop in unit revenue of as much as 4.5% for the third quarter as high demand failed to make up for an industry-wide glut of flights that have forced airlines to slash fares.The carrier's profit fell 46% during the second quarter even though revenues rose.The carrier has been grappling with an industry-wide oversupply ...
AAG(AAL) - 2024 Q2 - Quarterly Report
2024-07-25 11:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended June 30, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission file number 1-8400 American Airlines Group Inc. (Exact name of registrant as specified in its charter) Delaware 75-1825172 (State or other jurisdiction of inco ...
AAG(AAL) - 2024 Q2 - Quarterly Results
2024-07-25 11:00
Exhibit 99.1 Corporate Communications mediarelations@aa.com Investor Relations investor.relations@aa.com FOR RELEASE: Thursday, July 25, 2024 AMERICAN AIRLINES REPORTS SECOND-QUARTER 2024 FINANCIAL RESULTS FORT WORTH, Texas –– American Airlines Group Inc. (NASDAQ: AAL) today reported its second-quarter 2024 financial results, including: • Highest-ever quarterly revenue of $14.3 billion. • Second-quarter net income of $717 million, or $1.01 per diluted share. Excluding net special items , second-quarter net ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 16, 2024 in American Airlines Group Inc. Lawsuit - AAL
Prnewswire· 2024-07-25 09:45
NEW YORK, July 25, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of American Airlines Group Inc. (NASDAQ: AAL).Shareholders who purchased shares of AAL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/american-airlines-loss-submission-form/?id=91988&from=4 CLASS PERIOD: January ...
AMERICAN AIRLINES SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against American Airlines Group Inc. – AAL
GlobeNewswire News Room· 2024-07-25 02:23
NEW ORLEANS, July 24, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until September 16, 2024 to file lead plaintiff applications in a securities class action lawsuit against American Airlines Group Inc. (NasdaqGS: AAL), if they purchased the Company’s securities between January 25, 2024 and May 28, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Texas. Get Help Ameri ...
AAL Investors Have the Opportunity to Lead American Airlines Group Inc. Securities Fraud Lawsuit with the Schall Law Firm
GlobeNewswire News Room· 2024-07-24 16:40
LOS ANGELES, July 24, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against American Airlines Group Inc. (“American Airlines” or “the Company”) (NASDAQ: AAL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between January 25, 2024 and May 28, 2024, inclusive ...
American Airlines Stock Hit With Pre-Earnings Bear Note
Schaeffers Investment Research· 2024-07-23 16:22
American Airlines Group Inc (NASDAQ:AAL) is 1.2% lower at $10.57 this afternoon, following a pre-earnings bear note at Bernstein. The analyst slashed its price target on AAL to $12 from $18, as the airline name prepares to report second-quarter results before the open on Thursday, July 25. Over the past eight quarters, the stock has logged five positive post-earnings moves, including a 10.3% bounce after its January report. On average, AAL averaged a 4.2% move --regardless of direction -- the day after earn ...
3 Airline Stocks to Buy on the Dip: July 2024
Investor Place· 2024-07-23 10:38
There are multiple reasons why the overall airline market has been bearish lately. This includes the large influx of negative incidents related to Boeing (NYSE:BA). As most readers are undoubtedly aware, alleged issues with quality control on BA’s part led to multiple, less-than-ideal incidents occurring. Recently, the entire sector had a meltdown, primarily due to the global technology outage caused by Crowdstrike (NASDAQ:CRWD) releasing an update that had critical errors in it. As a result, multiple airli ...
AMERICAN AIRLINES ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against American Airlines Group Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-07-23 01:00
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against American Airlines Group Inc. (“American Airlines” or the “Company”) (NASDAQ: AAL) in the United States District Court for the Northern District of Texas on behalf of all persons and entities who purchased or otherwise acquired American Airlines securities between January 25, 2024 and May 28, 2024, both dates inclusive (the ...