American Airlines Group (AAL) Scheduled to Post Quarterly Earnings on Thursday

American Airlines Group (NASDAQ:AAL) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect American Airlines Group to post earnings of ($0.28) per share for the quarter. American Airlines Group has set its Q1 guidance at ($0.35)-($0.15) EPS and its FY24 guidance at $2.25-$3.25 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Thursday, January 25th. The airline reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.18. The firm had revenue of $13.06 billion for the quarter, compared to analyst estimates of $13.01 billion. American Airlines Group had a negative return on equity of 36.28% and a net margin of 1.56%. American Airlines Group’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.17 earnings per share. On average, analysts expect American Airlines Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

American Airlines Group Price Performance

Shares of AAL opened at $14.53 on Tuesday. The business’s 50-day moving average is $14.52 and its 200-day moving average is $13.60. The company has a market capitalization of $9.51 billion, a price-to-earnings ratio of 13.21, a P/E/G ratio of 0.12 and a beta of 1.57. American Airlines Group has a fifty-two week low of $10.86 and a fifty-two week high of $19.08.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Wolfe Research upgraded shares of American Airlines Group from a “peer perform” rating to an “outperform” rating and set a $17.00 target price for the company in a research report on Monday, January 22nd. Sanford C. Bernstein boosted their target price on American Airlines Group from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Tuesday, March 5th. Seaport Res Ptn raised American Airlines Group from a “neutral” rating to a “buy” rating in a research note on Friday, January 26th. Jefferies Financial Group raised American Airlines Group from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Thursday, January 11th. Finally, Evercore ISI reaffirmed a “hold” rating and set a $17.00 price objective on shares of American Airlines Group in a research report on Monday, January 29th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.53.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.