American Airlines stock fell by 0.47% amid market uptick, upcoming earnings report

From Nasdaq: 2024-07-12 18:15:19

American Airlines (AAL) closed at $10.68, down -0.47% from the previous day, while the S&P 500 gained 0.55%. In the last month, AAL fell by 6.21%, contrasting with the sector’s 0.02% gain and S&P 500’s 4.28% hike.

Investors await American Airlines’ earnings report on July 25, 2024, with an estimated EPS of $1.06 and revenue of $14.42 billion. Analysts project full-year earnings of $1.96 per share and revenue of $54.83 billion.

American Airlines holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 5.47, lower than the industry average of 8.96. The Transportation – Airline industry ranks 158 out of 250+ industries, showcasing lower performance compared to the top 50% industries.

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