American Airlines Group Inc. reports results for the quarter ended September 30 - Earnings Summary

• American Airlines Group Inc. reported a quarterly adjusted loss of 28 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of twenty one analysts for the quarter was for a loss of 35 cents per share. Wall Street expected results to range from -64 cents to -11 cents per share.

• Revenue rose 19.3% to $16.34 billion from a year ago; analysts expected $16.22 billion.

• American Airlines Group Inc.'s reported EPS for the quarter was a loss of 41 cents​.

• American Airlines Group Inc. shares had fallen by 8.5% this quarter and lost 20.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 707% in the last three months.​

• In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 13 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the airlines peer group is also "buy"

• Wall Street's median 12-month price target for American Airlines Group Inc. is $15.00, about 18.4% above its last closing price of $12.24

This summary was machine generated from LSEG data October 22 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)