Reports Strong First-Quarter Financial Results American Airlines Group (NASDAQ:AAL)

Earnings results for American Airlines Group (NASDAQ:AAL)

American Airlines Group, Inc. is expected* to report earnings on 07/22/2021 before market open. The report will be for the fiscal Quarter ending Jun 2021. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $-1.7. The reported EPS for the same quarter last year was $-7.82.

American Airlines Group last announced its earnings results on April 21st, 2021. The airline reported ($4.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.30) by $0.02. The business had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $4.04 billion. Its quarterly revenue was down 52.9% compared to the same quarter last year. American Airlines Group has generated ($19.66) earnings per share over the last year. American Airlines Group has confirmed that its next quarterly earnings report will be published on Thursday, July 22nd, 2021. American Airlines Group will be holding an earnings conference call on Thursday, July 22nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Analyst Opinion on American Airlines Group (NASDAQ:AAL)

14 Wall Street analysts have issued ratings and price targets for American Airlines Group in the last 12 months. Their average twelve-month price target is $18.46, predicting that the stock has a possible downside of 13.75%. The high price target for AAL is $29.00 and the low price target for AAL is $10.00. There are currently 3 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Hold.”

American Airlines Group has received a consensus rating of Hold. The company’s average rating score is 1.93, and is based on 2 buy ratings, 9 hold ratings, and 3 sell ratings. According to analysts’ consensus price target of $18.46, American Airlines Group has a forecasted downside of 13.7% from its current price of $21.40. American Airlines Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: American Airlines Group (NASDAQ:AAL)

American Airlines Group does not currently pay a dividend. American Airlines Group does not have a long track record of dividend growth.

Insiders buying/selling: American Airlines Group (NASDAQ:AAL)

In the past three months, American Airlines Group insiders have not sold or bought any company stock. Only 0.71% of the stock of American Airlines Group is held by insiders. 51.23% of the stock of American Airlines Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of American Airlines Group (NASDAQ:AAL

Earnings for American Airlines Group are expected to grow in the coming year, from ($7.49) to ($0.11) per share. The P/E ratio of American Airlines Group is -1.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of American Airlines Group is -1.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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