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0.00019145001631678 0.000326335255085403 0.00402480147938654 0.0141411943870336 0.0125095181116066 0.0227346894376156 0.0294789513760469 0.0314369629065593
Stock impact report

American Airlines cuts profit outlook, sending shares down more than 10% [CNBC]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: CNBC
American Airlines cuts profit outlook, sending shares down more than 10% Getty Images American The cuts dealt another blow to airline stocks, which have largely lagged the broader market over the past year as investors fretted about higher fuel costs and the industry's ability to increase fares and revenue. Other carriers were also sharply lower in morning trading. Shares of Delta Air Lines United Southwest American said its revenue per available seat mile, a key industry metric, rose 1.5 percent in the fourth quarter of last year from the year-earlier period, compared with a range of 1.5 to as much as 3.5 percent it gave investors in the fall. American said it expects to post per-share earnings of between $4.40 and $4.60, down from its estimate in October of $4.50 to $5. The company's shares have dropped far more than its competitors. Over the last 12 months, American's stock price dropped 44 percent, ramping up pressure on the company's CEO Doug Parker when the company reports fo Show less Read more
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