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American Airlines tops Street 4Q forecasts [FOX Business Network]

AMERICAN AIRLINES GROUP INC C (AAL)  More Company Research Source: FOX Business Network
Last american airlines group inc c earnings: 4/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: americanairlines.gcs-web.com
PDF FORT WORTH, Texas –   American Airlines reported Thursday that fourth-quarter profit slipped 11 percent as higher costs for fuel and labor offset rising revenue. Continue Reading Below The world's biggest airline also gave a strong forecast for 2018 earnings as demand for travel remains strong. American said that it earned $258 million in the fourth quarter, down from $289 million a year earlier. Excluding one-time gains and costs, American said it earned 95 cents per share. That beat the average Wall Street expectation of 92 cents per share, based on a Zacks Investment Research survey. Fort Worth-based American said revenue rose 8.3 percent to $10.60 billion. That also beat analysts' expectations of $10.58 billion. American said it expects 2018 earnings between $5.50 and $6.50 per share, well above the $5.32 per share forecast of FactSet. Continue Reading Below ADVERTISEMENT On a call with analysts, Chairman and CEO Doug Parker said that [Read more]

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