Alert: New Earnings Report (4/25/24)-American Airlines Group Inc (NASDAQ: AAL).

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American Airlines Group Inc (NASDAQ: AAL) has reported a loss for its first fiscal quarter (ending March 31) of $-0.48 versus $0.02 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $0.77 versus $2.72 for the same period a year ago.

Recent Price Action

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American Airlines Group Inc (NASDAQ: AAL) stock closed at $14.13 on 4/25/24 after an increase of 1.5%. Moreover, unusually high trading volume at 188% of normal accompanied the advance. The stock has risen 1.7% during the last week and has performed in line with 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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