Will American Airlines (AAL) Beat Estimates Again in Its Next Earnings Report?
From Nasdaq:
American Airlines (AAL) has a history of exceeding earnings expectations and is a promising prospect for another earnings beat. The company posted a 46.15% surprise in its last quarter with earnings of $0.38 per share versus an anticipated $0.26 per share.
Its average surprise in the past two quarters is 33.84%.
Recently, the company’s earnings estimates have increased due to a positive Earnings ESP of +190.43% and a Zacks Rank #3 (Hold), making it a potential earnings beat. Stocks with similar stats have a 70% chance of beating expectations.
For investors, Earnings ESP and the Zacks Rank could increase the odds of success. A little-known chemical company with an impressive growth forecast and soaring 2022 earnings estimates could be an interesting new investment opportunity.
The company, which is up 65% in the last year, has considerable potential for growth. In comparison to recently successful stocks, American Airlines is showing indications of a possible upcoming earnings beat.
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