Earnings Estimates Rising for American Airlines (AAL): Will It Gain?
AAG(AAL) ZACKS·2024-12-25 18:21
American Airlines (AAL) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts 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 correlation betwe ...