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What's in Store for American Airlines (AAL) in Q2 Earnings?
ZACKS· 2024-07-19 12:42
American Airlines (AAL) is scheduled to report second-quarter 2024 results on Jul 25, before market open.American Airlines has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the preceding four quarters (missing the mark in the other), the average beat being 107.4%.The Zacks Consensus Estimate for AAL’s second-quarter 2024 earnings is currently pegged at $1.04 per share, has been revised downward by 20.61% in the past 60 days. Additionally, the consensus ma ...
The Zacks Analyst Blog United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines
ZACKS· 2024-07-19 09:50
For Immediate ReleasesChicago, IL – July 19, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: United Airlines (UAL) , Alaska Air Group (ALK) , Spirit Airlines (SAVE) , Delta Air Lines (DAL) and American Airlines (AAL) .Here are highlights from Friday’s Analyst Blog:Airline Stock Roundup: Q2 Beats with More to Come ...
United and American Airlines are warning pilots they could struggle to communicate due to massive IT outage
Business Insider· 2024-07-19 09:08
Delta, United, and American issued ground stops on Friday.United and American warned pilots that communication was intermittent.Several industries have been disrupted by an IT outage linked to CrowdStrike. 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 on the go. Email address By clicking “Sign Up”, you accept our Terms of Servic ...
Here's What To Expect From American Airlines' Q2
Forbes· 2024-07-17 16:30
The Boeing 787-9 Dreamliner from American Airlines is landing at Barcelona airport in Barcelona, ... [+] Spain, on July 3, 2024. (Photo by JoanValls/Urbanandsport /NurPhoto via Getty Images)NurPhoto via Getty ImagesAmerican Airlines (NASDAQ: AAL) will report its Q2 2024 results on Thursday, July 18. We expect the company’s revenues to come in at $14.5 billion, slightly above the consensus estimate of $14.4 billion. This would mark year-over-year growth of about 3%. We expect the company to report earnings o ...
New Strong Sell Stocks for July 16th
ZACKS· 2024-07-16 10:31
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Albemarle (ALB) is a premier specialty chemicals company with leading positions in attractive end markets globally. The Zacks Consensus Estimate for its current year earnings has been revised 29.1% downward over the last 60 days.American Airlines (AAL) is anetwork air carrier which provides scheduled air transportation services for passengers and cargo. The Zacks Consensus Estimate for its current year earnings has been revised 22.1% ...
3 Airline Stocks to Buy Now: Q3 Edition
Investor Place· 2024-07-16 10:15
The boom in summer travel coupled with the post-pandemic resurgence has put several airline stocks to buy now on investors’ radar. After a slow 2023, airlines are gearing up for what could be its strongest travel season yet. On July 3rd, The Transportation Security Administration (TSA) screened a record-breaking 3 million passengers in a single day. The spike in travel demand can be attributed to several factors. These include an increasing preference for air travel, innovations in the aviation industry and ...
American Airlines: Don't Fret Delta's Warning
Seeking Alpha· 2024-07-13 14:00
DaveAlan The airline sector continues to produce massive profits, while the stocks are constantly sold off on any slightly negative news. American Airlines Group Inc. (NASDAQ:AAL) has somehow fallen back to $10 following Delta Air Lines, Inc. (DAL) reporting a quarter where profits were at near record levels, but the market didn't like the outlook. My investment thesis remains ultra-Bullish on American Airlines stock, though the stock and sector continue to struggle to obtain fair valuations by Wall St. ...
American Airlines (AAL) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-07-12 23:20
In the latest market close, American Airlines (AAL) reached $10.68, with a -0.47% movement compared to the previous day. This change lagged the S&P 500's 0.55% gain on the day. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.63%.The the stock of world's largest airline has fallen by 6.21% in the past month, lagging the Transportation sector's gain of 0.02% and the S&P 500's gain of 4.28%.Investors will be eagerly watching for the performance of American Airlines in its upcoming earnings ...
American Airlines (AAL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-07-11 15:06
Wall Street expects a year-over-year decline in earnings on higher revenues when American Airlines (AAL) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...
American Airlines Group announces webcast of second-quarter 2024 financial results
Newsfilter· 2024-07-11 14:00
FORT WORTH, Texas, July 11, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ:AAL) will webcast a live audio feed of its second-quarter 2024 financial results conference call with financial analysts and journalists on Thursday, July 25, 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 Aug. 25. About American Airlines GroupTo Care for People on Life's Journey®. Shares of Amer ...