American Airlines Group Inc AAL shares are trading marginally higher by 0.74% to $16.96 Friday afternoon after initially trading lower in sympathy with Delta Air Lines. Delta on Friday issued first-quarter EPS guidance below estimates.
Trader and investors will also be watching for AAL’s fourth-quarter earning results before the market open January 26. According to analyst consensus estimates, American Airlines is expected to report EPS of $0.58 on revenue of $12.69 billion.
What Happened With Delta Air Lines?
Delta Air Lines reported a fourth-quarter FY22 adjusted operating revenue growth of 8% from the fourth-quarter FY19 to $12.3 billion, and operating revenue on a GAAP basis was $13.4 billion, beating the consensus of $12.23 billion.
Meanwhile, adjusted EPS was $1.48 above the consensus of $1.33…Read More
According to data from Benzinga Pro, AAL has a 52-week high of $21.42 and a 52-week low of $11.65.