American Airlines Earnings Beat, Revenue Misses In Q3

Investing.com – American Airlines (NASDAQ:) reported third quarter that beat analysts’ expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $1.42 on revenue of $11.91B. Analysts polled by Investing.com expected EPS of $1.39 on revenue of $11.95B. That compared to EPS of $1.13 on revenue of $11.56B in the same period a year earlier. The company had reported EPS of $1.82 on revenue of $11.96B in the previous quarter.

American Airlines shares gained 0.74% to trade at $28.50 in pre-market trade following the report.

American Airlines follows other major Transportation sector earnings this month

On October 17, Union Pacific reported third quarter EPS of $2.22 on revenue of $5.52B, compared to forecasts of EPS of $2.31 on revenue of $5.67B.

United Parcel Service earnings beat analysts’ expectations on Tuesday, with third quarter EPS of $2.07 on revenue of $18.32B. Investing.com analysts expected EPS of $2.06 on revenue of $18.36B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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