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.
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.
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