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Stockreport

American Airlines forecasts second-quarter profit largely above estimates [Reuters]

American Airlines Group, Inc. (AAL)  More Company Research Source: Reuters
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: americanairlines.gcs-web.com/investor-relations
a rebound in business travel and expectations of strong demand in the upcoming summer season. Shares of the carrier were up 4% in premarket trading. Major U.S. airlines are experiencing a resurgence in corporate reservations as large companies ramp up their work-related travel expenses - a customer segment that was largely absent from the travel surge after the pandemic. The International Air Transport Association expects 4.7 billion people to travel in 2024, compared with 4.5 billion in 2019. In the United States, passenger traffic is estimated to reach an all-time high this year, according to trade group Airlines for America. The company expects an adjusted profit of $1.15 per share to $1.45 per share for the quarter ending June 30. Analysts were expecting earnings of $1.18 per share, according to LSEG data. Airline executives have also highlighted robust travel demand across both domestic and international routes in the summer. Fort Worth, Texas-based American Airlines [Read more]
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Stockreport

American Airlines forecasts second-quarter profit largely above estimates [Reuters]

American Airlines Group, Inc.  (AAL) 
More Company Research Source: Reuters
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: americanairlines.gcs-web.com/investor-relations
a rebound in business travel and expectations of strong demand in the upcoming summer season. Shares of the carrier were up 4% in premarket trading. Major U.S. airlines are experiencing a resurgence in corporate reservations as large companies ramp up their work-related travel expenses - a customer segment that was largely absent from the travel surge after the pandemic. The International Air Transport Association expects 4.7 billion people to travel in 2024, compared with 4.5 billion in 2019. In the United States, passenger traffic is estimated to reach an all-time high this year, according to trade group Airlines for America. The company expects an adjusted profit of $1.15 per share to $1.45 per share for the quarter ending June 30. Analysts were expecting earnings of $1.18 per share, according to LSEG data. Airline executives have also highlighted robust travel demand across both domestic and international routes in the summer. Fort Worth, Texas-based American Airlines [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS