Given the current, strong state of the macro economy, many transportation stocks have performed very well in recent months. And that trend is likely to continue for the foreseeable future. On the consumer side, the strong labor market has resulted in continued, powerful travel trends. Plus, with Washington spending a great deal of money on infrastructure, a high number of truck makers and railroad firms have done very well. Automakers are also doing relatively well because of consumer strength, and the fact ...

American Airlines (AAL) closed the latest trading day at $14.02, indicating a +0.94% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw an upswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.52%.Shares of the world's largest airline have depreciated by 4.67% over the course of the past month, outperforming the Transportation sector's loss of 5.07% and lagging the S&P 500's loss of 1.66%.Investors will be eagerly w ...

United Parcel Service (UPS) is scheduled to report first-quarter 2024 results on Apr 23, before market open.The company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 1.38%. The Zacks Consensus Estimate for first-quarter 2024 earnings has been revised 15.3% downward over the past 60 days.Given this backdrop, let’s delve deeper to unearth the factors likely to have influenced UPS’ performance in the to- ...

The Allied Pilots Association says safety problems are increasing at American Airlines.It said incidents include tools left in wheel wells and increased collisions between towed planes.United Airlines has faced increased oversight from regulators, which American will want to avoid. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're ...

Airline stocks are up today as a strong earnings report from United Airlines (NASDAQ:UAL) is lifting up companies in the sector on Wednesday.The earnings report starts off well with United Airlines reporting an adjusted loss of 15 cents per share. That’s better than the adjusted loss of 57 cents per share that Wall Street was expecting.Helping send airline stocks up today is the company’s revenue of $12.54 billion. That was able to beat out Wall Street’s revenue estimate of $12.45 billion for the period.Ano ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? American Airlines (AAL) , which belongs to the Zacks Transportation - Airline industry, could be a great candidate to consider.When looking at the last two reports, this world's largest airline has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 214.74%, on average, in the last two quarters.For the last re ...

American Airlines (AAL) closed at $13.62 in the latest trading session, marking a +1.57% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.74%. On the other hand, the Dow registered a loss of 0.01%, and the technology-centric Nasdaq increased by 1.68%.Shares of the world's largest airline witnessed a loss of 4.21% over the previous month, trailing the performance of the Transportation sector with its gain of 6.39% and the S&P 500's gain of 0.8%.Analysts and investors al ...

You don’t need a lot of money to start building a position in a stock. Shares of many well-known and established companies can be purchased for under-$50. Investors can buy a lot of great stocks for under $20 a share. While you might not be able to buy a single share of Meta Platforms (NASDAQ:META) for $500, you could buy 10 shares of other companies whose stocks are trading at $50. Many stocks trading at low prices also have low valuations compared to their peers, making them a bargain to buy. While market ...

American Airlines (AAL) closed at $13.76 in the latest trading session, marking a -0.51% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.11%. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.24%.The world's largest airline's shares have seen a decrease of 7.18% over the last month, not keeping up with the Transportation sector's gain of 0.33% and the S&P 500's gain of 0.48%.The investment community will be closely monitoring the performanc ...

Key TakeawaysSummer travel is expected to remain strong for 2024 as pent-up demand post-pandemic remains in play.Challenges with Boeing failing to deliver planes on time are turning into bonuses for some airlines, which are able to charge higher fares with capacity short.Oil prices are creeping higher; those have been accounted for but any big spike could hurt airline profits.Low-cost airlines are likely to have a harder time without being able to charge for extras like better seats, curbing revenue opportu ...