American Airlines Group (NASDAQ:AAL – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share guidance of $2.25-3.25 for the period, compared to the consensus earnings per share estimate of $2.34. American Airlines Group also updated its FY 2024 guidance to 2.250-3.250 EPS.
American Airlines Group Trading Down 1.8 %
AAL stock opened at $13.88 on Friday. American Airlines Group has a 12-month low of $10.86 and a 12-month high of $19.08. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 23.13, a PEG ratio of 0.11 and a beta of 1.57. The business’s 50-day moving average is $14.46 and its 200 day moving average is $13.64.
American Airlines Group (NASDAQ:AAL – Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The airline reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by ($0.06). The firm had revenue of $12.57 billion during the quarter, compared to analyst estimates of $12.60 billion. American Airlines Group had a negative return on equity of 31.65% and a net margin of 0.94%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.05 earnings per share. As a group, equities analysts forecast that American Airlines Group will post 2.67 EPS for the current fiscal year.
Analysts Set New Price Targets
View Our Latest Stock Report on American Airlines Group
About American Airlines Group
American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
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