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Stockreport

Delta, American Airlines lift Q1 guidance on strong travel demand [Yahoo! Finance]

American Airlines Group, Inc. (AAL)  More Company Research Source: Yahoo! Finance
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: americanairlines.gcs-web.com/investor-relations
US carriers American Airlines Group Inc (NASDAQ:AAL, XETRA:A1G) and Delta Air Lines Inc (NYSE:DAL) raised their first-quarter revenue guidance on Tuesday, signaling stronger-than-expected demand for air travel despite rising fuel costs. American now expects first-quarter revenue to grow more than 10% year-over-year, up from its previous 7% to 10% outlook. The airline said demand has been “stronger than expected,” though higher fuel prices of around $2.75 per gallon are expected to push adjusted earnings per share toward the low end of its prior loss guidance. Shares of American rose 3.1% in early trading. Delta raised its first-quarter revenue forecast to $15 billion to $15.3 billion, well above Wall Street estimates of $13.8 billion. CEO Ed Bastian said travel demand has been “really, really great.” Delta is maintaining its mid-teens operating margin target and outlined longer-term goals including $3 billion–$5 billion in annual free cash flow, about 10% earnings per sha [Read more]
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Stockreport

Delta, American Airlines lift Q1 guidance on strong travel demand [Yahoo! Finance]

American Airlines Group, Inc.  (AAL) 
More Company Research Source: Yahoo! Finance
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: americanairlines.gcs-web.com/investor-relations
US carriers American Airlines Group Inc (NASDAQ:AAL, XETRA:A1G) and Delta Air Lines Inc (NYSE:DAL) raised their first-quarter revenue guidance on Tuesday, signaling stronger-than-expected demand for air travel despite rising fuel costs. American now expects first-quarter revenue to grow more than 10% year-over-year, up from its previous 7% to 10% outlook. The airline said demand has been “stronger than expected,” though higher fuel prices of around $2.75 per gallon are expected to push adjusted earnings per share toward the low end of its prior loss guidance. Shares of American rose 3.1% in early trading. Delta raised its first-quarter revenue forecast to $15 billion to $15.3 billion, well above Wall Street estimates of $13.8 billion. CEO Ed Bastian said travel demand has been “really, really great.” Delta is maintaining its mid-teens operating margin target and outlined longer-term goals including $3 billion–$5 billion in annual free cash flow, about 10% earnings per sha [Read more]
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AAL
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Price Change %
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%
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PRICE CHANGE PERCENTAGE
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%
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%
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TICKS
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EVENT DAY
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PERFORMANCE SINCE EVENT
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