American Airlines Group (NASDAQ:AAL) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, April 26th. Analysts expect the company to announce earnings of $0.56 per share for the quarter. American Airlines Group has set its FY18 guidance at $5.50-6.50 EPS.
American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Thursday, January 25th. The airline reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.03. The firm had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. American Airlines Group had a return on equity of 63.78% and a net margin of 4.55%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 EPS. On average, analysts expect American Airlines Group to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
American Airlines Group stock opened at $47.76 on Thursday. The stock has a market cap of $21,953.63, a P/E ratio of 9.79, a P/E/G ratio of 0.48 and a beta of 0.96. American Airlines Group has a 52 week low of $42.01 and a 52 week high of $59.08. The company has a debt-to-equity ratio of 5.73, a current ratio of 0.61 and a quick ratio of 0.52.
AAL has been the subject of several recent analyst reports. Bank of America upgraded American Airlines Group from an “underperform” rating to a “buy” rating and set a $64.00 price target for the company in a report on Tuesday, January 9th. Zacks Investment Research cut American Airlines Group from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Morgan Stanley cut American Airlines Group to an “overweight” rating in a report on Friday, April 13th. Buckingham Research lifted their price target on American Airlines Group from $71.00 to $75.00 and gave the company a “buy” rating in a report on Friday, January 26th. Finally, Stephens restated a “hold” rating and issued a $62.00 price target on shares of American Airlines Group in a report on Wednesday, January 10th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $61.44.
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.
Receive News & Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.