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0.00530973451327436 0.0101137800252844 0.00332490518331215 0.00304424778761053 0.00101137800252842 0.0149178255372945 0.00859671302149169 -0.00859671302149187
Stock impact report

American Airlines revenue falls slightly short, cuts capacity guidance [MarketWatch]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: MarketWatch
American Airlines revenue falls slightly short, cuts capacity guidance American Airlines Group Inc. shares AAL, +2.72% fell in premarket trade after . The airline said it had net income of $566 million, or $1.22 a share, in the quarter, down from $864 million, or $1.75 a share, in the year-earlier period. Adjusted per-share earnings came to $1.63, ahead of the FactSet consensus of $1.59. Revenue rose to $11.643 billion from $11.227 billion, below the FactSet consensus of $11.679 billion. Passenger revenue per available seat mile (PRASM) grew in all geographic regions, led by a 6.2 percent increase in the Atlantic region. But higher fuel prices drove a 10.3% rise in operating costs to $10.6 billion. The carrier said it is deferring delivery of 22 A321neos from Airbus that were previously scheduled for 2019, 2020 and 2021, a move that will reduce capex by about $1.2 billion in the next three years. The company also cut its capacity guidance for the third and fourth quarters and now e Show less Read more
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