American Airlines (AAL) Tops Q2 EPS by 2c
American Airlines (NASDAQ: AAL) reported Q2 EPS of $2.62, $0.02 better than the analyst estimate of $2.60. Revenue for the quarter came in at $10.8 billion versus the consensus estimate of $10.86 billion.
Consolidated passenger revenue per ASM (PRASM) was 13.57 cents, down 6.9 percent versus the second quarter 2014. Consolidated passenger yield was 16.28 cents, down 6.1 percent year-over-year.
"Reporting the highest quarterly profit in our history is another indication that our team is on the path to restoring American as the greatest airline in the world," said Chairman and CEO Doug Parker. "These results are especially remarkable considering the significant and successful work underway to integrate two airlines. The more than 100,000 dedicated team members of American Airlines are doing a phenomenal job and we are grateful for their commitment to our customers."
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