American Airlines Group (AAL) to Release Earnings on Thursday

American Airlines Group (NASDAQ:AAL) will post its quarterly earnings results before the market opens on Thursday, January 25th. Analysts expect American Airlines Group to post earnings of $0.60 per share for the quarter.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, October 26th. The airline reported $1.42 EPS for the quarter, beating the Zacks’ consensus estimate of $1.40 by $0.02. American Airlines Group had a return on equity of 64.92% and a net margin of 4.71%. The company had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.88 billion. During the same quarter in the previous year, the business earned $2.80 earnings per share. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, analysts expect American Airlines Group to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of American Airlines Group (NASDAQ:AAL) opened at $58.16 on Thursday. American Airlines Group has a 1 year low of $39.21 and a 1 year high of $59.08. The company has a quick ratio of 0.57, a current ratio of 0.65 and a debt-to-equity ratio of 5.63. The company has a market capitalization of $27,830.00, a price-to-earnings ratio of 14.80, a price-to-earnings-growth ratio of 5.29 and a beta of 0.99.

In other American Airlines Group news, Director Alberto Ibarguen sold 4,229 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $47.60, for a total transaction of $201,300.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO W Douglas Parker sold 224,572 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $52.32, for a total value of $11,749,607.04. Following the sale, the chief executive officer now owns 1,925,242 shares in the company, valued at approximately $100,728,661.44. The disclosure for this sale can be found here. 0.69% of the stock is currently owned by insiders.

AAL has been the topic of a number of research analyst reports. JPMorgan Chase & Co. upgraded American Airlines Group from a “neutral” rating to an “overweight” rating and set a $65.00 target price on the stock in a research report on Wednesday, November 1st. Cowen lifted their target price on American Airlines Group from $55.00 to $56.00 and gave the company an “outperform” rating in a research report on Tuesday, October 10th. Buckingham Research restated a “buy” rating on shares of American Airlines Group in a research report on Friday, October 27th. BidaskClub downgraded American Airlines Group from a “sell” rating to a “strong sell” rating in a research report on Friday, November 10th. Finally, Zacks Investment Research upgraded American Airlines Group from a “strong sell” rating to a “hold” rating in a research report on Monday, November 13th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $60.35.

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American Airlines Group Company Profile

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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