American Airlines (AAL) Tops Q2 EPS by 2c, Lowers FY Guidance
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American Airlines (AAL) PT Lowered to $10 at Evercore ISI
July 26, 2024 4:36 AM EDTEvercore ISI analyst Duane Pfennigwerth lowered the price target on American Airlines (NASDAQ: AAL) to $10.00 (from $13.00) while maintaining a In Line rating.
The analyst comments "Summary: Over the last 90 days Americans EPS guidance midpoint for 2024 moderated from $2.75 to $1.00 and its free... More
American Airlines (AAL) stock slides after cutting 2024 earnings guidance
July 25, 2024 7:17 AM EDTAmerican Airlines (NASDAQ: AAL) shares tumbled 8.55% premarket Thursday after the company announced a cut to its full-year earnings guidance, overshadowing a slight beat in second-quarter earnings.
The airline reported adjusted earnings of $1.09 per share, marginally higher than the analyst estimate of $1.07. However, revenue for the quarter was slightly below expectations at $14.3 billion, compared to the consensus estimate of $14.39 billion.
American Airlines' second-quarter revenue marked a 2% increase from... More
