American Airlines Group, Inc. (NASDAQ:AAL) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, October 18th. Analysts expect the company to announce earnings of $1.65 per share for the quarter.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Friday, July 28th. The airline reported $1.92 EPS for the quarter, topping the consensus estimate of $1.87 by $0.05. The company had revenue of $11.11 billion for the quarter, compared to the consensus estimate of $11.08 billion. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. American Airlines Group’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the business posted $1.77 EPS. On average, analysts expect American Airlines Group to post $4.65 EPS for the current fiscal year and $5.22 EPS for the next fiscal year.

American Airlines Group, Inc. (AAL) opened at 53.03 on Wednesday. American Airlines Group, Inc. has a 12-month low of $36.80 and a 12-month high of $54.48. The firm’s 50-day moving average price is $46.53 and its 200 day moving average price is $47.40. The stock has a market capitalization of $25.83 billion, a P/E ratio of 13.17 and a beta of 0.99.

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In related news, EVP Elise R. Eberwein sold 50,000 shares of the stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $50.35, for a total value of $2,517,500.00. Following the transaction, the executive vice president now owns 312,368 shares of the company’s stock, valued at $15,727,728.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ray M. Robinson sold 3,476 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $46.76, for a total value of $162,537.76. Following the completion of the transaction, the director now directly owns 29,938 shares in the company, valued at approximately $1,399,900.88. The disclosure for this sale can be found here. Insiders sold 63,476 shares of company stock worth $3,159,738 in the last three months. 0.69% of the stock is currently owned by corporate insiders.

A number of research analysts have commented on AAL shares. BidaskClub cut American Airlines Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 16th. Morgan Stanley restated an “equal weight” rating and set a $49.00 price target (up from $46.00) on shares of American Airlines Group in a research note on Friday, June 16th. Atlantic Securities started coverage on American Airlines Group in a research note on Tuesday, June 20th. They set an “underweight” rating and a $56.00 price target on the stock. Bank of America Corporation upped their price target on American Airlines Group from $40.00 to $42.00 and gave the stock an “underperform” rating in a research note on Friday, June 30th. Finally, Citigroup Inc. upped their price target on American Airlines Group from $58.00 to $67.00 and gave the stock a “buy” rating in a research note on Thursday, July 13th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $57.03.

About American Airlines Group

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Earnings History for American Airlines Group (NASDAQ:AAL)

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