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-0.0116279069767442 -0.0116279069767442 0.00186046511627903 0.0041860465116279 0.00999999999999999 0.0209302325581395 0.0186046511627908 -0.0106976744186047
Stock impact report

American Airlines shares slide 4% after revenue falls slightly short of estimates [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 shares slide 4% after revenue falls slightly short of estimates American Airlines Group Inc. shares AAL, -0.96% slid 4% in premarket trade Thursday, after the company's first-quarter revenue fell slightly short of estimates. The air carrier said it had net income of $186 million, or 39 cents a share, in the quarter, down from $340 million, or 67 cents a share, in the year-earlier period. Adjusted per-share earnings came to 75 cents, ahead of the FactSet consensus of 73 cents. Revenue rose to $10.401 billion from 49.820 billion, just below the FactSet consensus of $10.409 billion. Passenger revenue per available seat mile (PRASM) grew in all geographic regions, with notable strength in Latin America, the company said in a statement. Operating costs rose 9.8% to $10 billion, driven by a 25.7% rise in fuel costs. The company is now expecting second-quarter total revenue per available seat mile to rise 1.5% to 3.5%. It expects 2018 adjusted EPS of $5.00 to $6.00, comp Show less Read more
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