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American Airlines: Earnings Tailwind Expected While Debt Picture Improves
Seeking Alpha· 2024-10-19 12:20
This is the official page of Croatian-American media personality Albert Anthony. Since 2023 he has been a contributor to global financial media portal Seeking Alpha, reaching +1MM investors worldwide & his content often averaging +25,000 views monthly. As an independent contributor, his content on the Seeking Alpha portal provides curated analysis of stocks trading on major US exchanges, with a strong focus on the financials and tech sector, and building a diversified dividend income portfolio, but also a f ...
Is a Beat in the Offing for American Airlines in Q3 Earnings?
ZACKS· 2024-10-18 15:40
American Airlines (AAL) is scheduled to report third-quarter 2024 results on Oct. 24, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for third-quarter 2024 earnings has been revised upward in excess of 200% in the past 30 days and is currently pegged at 13 cents per share. The consensus mark implies a 65.8% decline from the year-ago actual. The Zacks Consensus Estimate for third-quarter 2024 revenues is currently pegged at $13.5 billi ...
Surging Earnings Estimates Signal Upside for American Airlines (AAL) Stock
ZACKS· 2024-10-15 17:21
American Airlines (AAL) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this world's largest airline, should get reflected in its stock price. After all, empirical research shows a strong correlat ...
Despite Fast-paced Momentum, American Airlines (AAL) Is Still a Bargain Stock
ZACKS· 2024-10-15 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
American Airlines Group announces webcast of third-quarter 2024 financial results
GlobeNewswire News Room· 2024-10-10 14:00
FORT WORTH, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) will webcast a live audio feed of its third-quarter 2024 financial results conference call with financial analysts and journalists on Thursday, Oct. 24, at 7:30 a.m. CT. The webcast will be available to the public on a listen-only basis at aa.com/investorrelations. An archive of the call will be available on the website through Nov. 24. About American Airlines GroupAs a leading global airline, American Airlines offers ...
5 Broker-Friendly Stocks Worth Watching Currently
ZACKS· 2024-10-08 14:30
The 50-basis point rate cut by the Federal Reserve last month highlighted its focus on bolstering the job market as inflation cools. The Fed signaled that it will cut the rate by another half a percentage point in the current year. The economy will likely benefit from this significant rate cut as high interest rates raise borrowing costs, escalating the chances of an economic slowdown.Despite headwinds like the recent port strike and the Middle East tensions, investors would like to design a winning portfol ...
3 Airline Stocks Soaring Amid Sector-Wide Tailwinds
Schaeffers Investment Research· 2024-09-26 16:33
Airline stocks are taking off today, as Southwest Airlines (LUV) soars towards its best day since 2020 after hiking its third-quarter revenue forecast and authorizing a $2.5 billion stock buyback program. In response, three major sector players, American Airlines Group Inc (NASDAQ:AAL), Delta Air Lines, Inc. (NYSE:DAL), and United Airlines Holdings Inc (NASDAQ:UAL), are seeing big tailwinds.American Airlines stock was last seen 7.1% higher at $11.78. A familiar ceiling at the $12 level that has provided re ...
American Airlines ALERT: Bragar Eagel & Squire, P.C. is Investigating American Airlines Group Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-09-21 01:00
NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against American Airlines Group Inc. (NASDAQ: AAL) on behalf of long-term stockholders following a class action complaint that was filed against American Airlines on July 18, 2024 with a Class Period from July 20, 2023, to May 28, 2024. Our investigation concerns whether the board of directors of American Airlines have breached their fiduciary dutie ...
Has American Airlines Finally Bottomed Out?
GuruFocus· 2024-09-19 13:00
Shares of prominent U.S. airline American Airlines Group Inc. (AAL, Financial) have taken a monumental beating over the past year, shedding more than 20% in value year to date. Declining profitability, waning travel demand and the topsy-turvy economic climate dragged down its performance. While recent momentum in the stock sparked hopes of a potential turnaround, fair value estimates based around realistic assumptions suggest otherwise. However, with the steep drop in value and gurus raising their stakes, a ...
American Airlines (AAL) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-09-18 23:20
In the latest market close, American Airlines (AAL) reached $11.03, with a -1.25% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.31%.The the stock of world's largest airline has risen by 8.55% in the past month, leading the Transportation sector's gain of 4.32% and the S&P 500's gain of 1.57%.The upcoming earnings release of American Airlines will be of great interest to investo ...