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0.00275429765409813 -0.00132396238959061 0.00123468515528536 -0.00113970937410965 -0.0124418273340298 -0.0263082913856966 -0.0430240288726375 -0.0498622851172951
Stock impact report

American Airlines stock rallies after profit beat, upbeat outlook [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 stock rallies after profit beat, upbeat outlook Shares of American Airlines Group Inc. AAL, +3.10% rallied 1.9% in premarket trade Thursday, after the air carrier beat third-quarter profit expectations and provided an upbeat outlook. Net income that fell to $624 million, or $1.28 a share, from $737 million, or $1.40 a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to $1.42, above the FactSet consensus of $1.40. Revenue rose to $10.88 billion from $1.59 billion, just shy of the FactSet consensus of $10.90 billion. The air carrier said Hurricanes Harvey, Irma and Maria led to more than 8,000 flight cancellations, and reduced pre-tax earnings by about $75 million. Load factor declined to 83.6% from 83.9%, while passenger revenue per available seat mile increased 1.5% to $11.81. The company expects fourth-quarter total revenue per available seat mile to rise 2.5% to 4.5% from a year ago, while the FactSet TRASM co Show less Read more
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