American Airlines Earnings, Revenue Beat in Q1
2022.04.21 14:37
American Airlines Earnings, Revenue Beat in Q1
Investing.com – American Airlines (NASDAQ:AAL) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
American Airlines announced earnings per share of $-2.32 on revenue of $8.9B. Analysts polled by Investing.com anticipated EPS of $-2.44 on revenue of $8.63B.
American Airlines shares are up 10.14% from the beginning of the year, still down 25.19% from its 52 week high of $26.04 set on June 2, 2021. They are outperforming the S&P 500 which is down 6.44% from the start of the year.
American Airlines follows other major Industrials sector earnings this month
American Airlines’s report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, compared to forecasts EPS of $6.21 on revenue of $15.64B.
CSX had beat expectations on Wednesday with first quarter EPS of $0.39 on revenue of $3.41B, compared to forecast for EPS of $0.3799 on revenue of $3.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
