American Airways earnings, third quarter income
© Reuters. American Airlines earnings, third quarter revenue
Investing.com – 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 Investing.com 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.
Stay up to date on all upcoming earnings reports by visiting Investing.com’s earnings calendar
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading loss you may incur as a result of using this information.
Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please be fully informed about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.