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0.00844205679201837 -0.00690713737528792 -0.0168841135840369 -0.0230237912509594 -0.0283960092095166 -0.0161166538756716 -0.0161166538756716 -0.00767459708365308
Stock impact report

American Airlines Reports First-Quarter 2023 Financial Results

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: GlobeNewswire
FORT WORTH, Texas, April 27, 2023 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its first-quarter 2023 financial results, including: First-quarter net income of $10 million, or $0.02 per diluted share. Excluding net special items1, first-quarter net income of $33 million, or $0.05 per diluted share.Record first-quarter revenue of $12.2 billion, which represents a 37% increase year over year.Generated record operating cash flow of $3.3 billion2 and record free cash flow of $3.0 billion2 in the first quarter.Ended the quarter with $14.4 billion of total available liquidity.Reiterating full-year 2023 adjusted earnings per diluted share3 target of $2.50 to $3.50. “The American Airlines team ran a great operation and delivered on our financial guidance for the quarter, resulting in a first-quarter profit for the first time in four years,” said American’s CEO Robert Isom. “Looking ahead to the remainder of 2023, we remain focused on reliability, profitabi Show less Read more
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