Alert: New Earnings Report (7/25/24)-American Airlines Group Inc (NASDAQ: AAL).

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American Airlines Group Inc (NASDAQ: AAL) has reported E.P.S. of $1.09 for its second fiscal quarter (ending June 30) versus $2.05 for the same period a year ago — a decline of -47%. However, this performance was $0.01 better than the consensus estimate of $1.08. For the latest four quarters through June 30, E.P.S. were $-0.18 compared to $4.03 a year ago — a decline of -104%.

Recent Price Action

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American Airlines Group Inc (NASDAQ: AAL) stock closed at $10.60 on 7/25/24 after a large increase of 4.2%. Moreover, exceptionally high trading volume at 262% of normal accompanied the advance. The stock has declined -3.7% during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, AAL is expected to be an important Value Eraser.

American Airlines Group is currently unrated.

Rating Review

The stock is currently unrated.

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