HomeLifestyleTravel & LeisureAmerican Airlines (AAL) Stock Hits Turbulence After Earnings

American Airlines (AAL) Stock Hits Turbulence After Earnings

American Airlines (AAL) earnings were released today, July 20th, premarket. Its adjusted EPS came in at $1.92 versus an estimated $1.58 and revenue came in at $14.10B versus an estimated $13.71B. George Tsilis joins Alex Coffey and Jenny Horne to discuss AAL. He talks about how AAL has been expanding their business. He goes over how AAL is seeing a bit of a worse reaction despite pretty good earnings. He compares AAL to other airlines like United Airlines (UAL), Delta Airlines (DAL), and Southwest Airlines (LUV). He also looks at the amount of debt that AAL has and how that is affecting the stock. AAL is also seeing positive trends in international travel. Tune in to find out more about the stock market today.

Next Gen Investing

20 Jul 2023

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