American Airways earnings, third quarter income

© Reuters. American Airlines earnings, third quarter revenue – American Airlines (NASDAQ 🙂 reported Thursday, the third quarter, that analysts’ forecasts and revenues exceeded expectations.

American Airlines announced earnings per share of $ -5.54 on revenue of $ 3.17 billion. Analysts polled by expected earnings per share of $ -5.88 on sales of $ 2.76 billion.

American Airlines stocks are down 55% year-to-date, still 59.77% from their 52-week high of $ 31.67 on October 28, 2019. They have underperformed the Nasdaq year-to-date increased by 28%.

American Airlines follows other major transportation sector results this month

American Airlines’ report follows a win that the Canadian National Railway missed Tuesday. It reported earnings per share of $ 1.38 on sales of $ 3.41 billion, compared to earnings per share of $ 1.45 on sales of $ 3.48 billion.

CSX beat expectations on Wednesday with earnings per share of $ 0.96 on revenue of $ 2.65 billion, compared to a forecast for earnings per share of $ 0.92 on revenue of 2.67 billion . USD.

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