American Airlines Earnings Miss, Revenue Beats In Q2
2022.07.21 15:34
American Airlines Earnings Miss, Revenue Beats In Q2
Investing.com – American Airlines (NASDAQ:AAL) reported on Thursday second quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
American Airlines announced earnings per share of $0.76 on revenue of $13.42B. Analysts polled by Investing.com anticipated EPS of $0.7663 on revenue of $13.34B.
American Airlines shares are up 1% from the beginning of the year, still down 31.95% from its 52 week high of $22.35 set on November 8, 2021. They are outperforming the S&P 500 which is down 16.92% from the start of the year.
American Airlines follows other major Industrials sector earnings this month
American Airlines’s report follows an earnings missed by Lockheed Martin on Tuesday, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $6.34 on revenue of $15.99B.
CSX had beat expectations on Wednesday with second quarter EPS of $0.54 on revenue of $3.82B, compared to forecast for EPS of $0.4682 on revenue of $3.65B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
