About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

American Airlines (AAL) reported $13.06 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1%. EPS of $0.29 for the same period compares to $1.17 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $13.02 billion, representing a surprise of +0.29%. The company delivered an EPS surprise of +383.33%, with the consensus EPS estimate being $0.06.While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

American Airlines Group Inc is trending up in premarket on Thursday after reporting better-than-expected results for its fiscal fourth quarter.American Airlines’ future guidanceCopy link to sectionAmerican Airlines does, however, expect to report a loss again in its current financial quarter. Based on fuel prices and demand, the flagship air carrier sees 15 cents to 35 cents of loss in Q1. Robert Isom – its chief executive said today in a press release:We’re delivering on our commitments and remain well-pos ...

Shares of American Airlines Group Inc. AAL, -0.50% jumped 3.8% in premarket trading Thursday, after the air carrier beat fourth-quarter earnings expectations and provided an upbeat 2024 profit outlook. Net income dropped to $19 million, or 3 cents a share, from $803 million, or $1.14 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 29 cents were well above the FactSet consensus of 11 cents. Revenue fell 1% to $13.06 billion, but was above the FactSet consensus o ...

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023.American Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines. Shares of the company rose about 4% in premarket trading.Here's how the company performed in the last quarter of 2023 compared to Wall Street estimates compiled by LSEG, formerly known as Refinitiv:Earnings per share: 29 cents adjust ...

United Parcel Service (UPS) is scheduled to report  fourth-quarter 2023 results on Jan 30 before market open.The company has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 1.35%. The Zacks Consensus Estimate for fourth-quarter 2023 earnings has been revised 2% 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 t ...

Analysts on Wall Street project that American Airlines (AAL) will announce quarterly earnings of $0.06 per share in its forthcoming report, representing a decline of 94.9% year over year. Revenues are projected to reach $13.02 billion, declining 1.3% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 50% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estima ...

American Airlines Group Inc. (AAL) is scheduled to report fourth-quarter 2023 results on Jan 25, before market open.American Airlines has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 23.83%. The Zacks Consensus Estimate for AAL’s fourth-quarter 2023 earnings has been revised upward by more than 100% in the past 60 days.Given this backdrop, let's delve deeper into the factors that are likely to have in ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed along ...

The increase in inflation for the month of December has sounded alarm bells. The unfavorable reading has once again dampened investors’ spirits. Rising inflation can make markets more volatile in the coming days.The Consumer Price Index (CPI) jumped 0.3% month over month in December compared with November’s increase of 0.1%. Year over year, CPI jumped 3.4% in December compared with 3.1% in November.The increase in inflation and the resultant uncertainty, however, do not mean that investors should turn their ...