American Airlines (AAL)

[oldnick]

Beat estimates but someone unhappy - guess it was the wage hikes they did yesterday.



The company said its earnings fell to $308 million, or $0.61 per share. This was down from $765 million, or $1.25 per share, in last year's first quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.9% to $9.62 billion. This was up from $9.44 billion last year.

American Airlines Group Inc earnings at a glance:


-Earnings (Q1): $308 Mln. vs. $765 Mln. last year.
-Earnings Decline (Y-o-Y): -59.7%
-EPS (Q1): $0.61 vs. $1.25 last year.
-EPS Decline (Y-o-Y): -51.2%
-Analysts Estimate: $0.56
-Revenue (Q1): $9.62 Bln vs. $9.44 Bln last year.
-Revenue Change (Y-o-Y): 1.9%