American Airlines Group (NASDAQ:AAL – Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.250-0.500 for the period, compared to the consensus estimate of 0.270. The company issued revenue guidance of -. American Airlines Group also updated its FY 2024 guidance to 1.350-1.600 EPS.
American Airlines Group Price Performance
NASDAQ:AAL traded up $0.37 during trading hours on Friday, hitting $13.15. The company had a trading volume of 44,350,761 shares, compared to its average volume of 34,918,906. The company has a market capitalization of $8.63 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 0.26 and a beta of 1.43. The stock has a 50-day moving average price of $11.28 and a 200 day moving average price of $11.78. American Airlines Group has a 52 week low of $9.07 and a 52 week high of $16.15.
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.14. The business had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.50 billion. American Airlines Group had a negative net margin of 0.23% and a negative return on equity of 19.49%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 earnings per share. Analysts anticipate that American Airlines Group will post 1.22 EPS for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on AAL
American Airlines Group Company Profile
American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
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