Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, American Airlines (AAL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
The Sunbelt airline has a network problem: It needs more presence in the rest of the country, particularly New York City.
Two top airline stocks look more attractive with American Airlines (AAL), and Southwest Airlines (LUV) blowing past their Q3 earnings expectations on Thursday and were able to fly by sales estimates as well.
American Airlines Group Inc. AAL reported upbeat third-quarter financial results and updated its 2024 EPS outlook on Thursday.
Investors should monitor stocks like AAL, ACDVF, EBS, BRY and CBRL for high returns.
Revenues increase 1.2% year over year at American Airlines in the third quarter of 2024.
American Airlines Group Inc (NASDAQ:AAL, ETR:A1G) shares slipped after the airline forecast revenue per available seat mile, a measure used to compare the efficiency of airlines, will decline between 1% and 3% in the fourth quarter. This overshadowed a boosted full-year profit forecast of adjusted earnings per share (EPS) in the range of $1.35 to $1.60, up from its earlier forecast of $0.70 to $1.30.
Jobless Claims Come in Lower Than Expected.
The headline numbers for American Airlines (AAL) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
American Airlines Group Inc. (NASDAQ:AAL ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Scott Long - VP, IR & Corporate Development Robert Isom - CEO Devon May - CFO Steve Johnson - Vice Chair & Chief Strategy Officer David Seymour - Chief Operating Officer Conference Call Participants Andrew Didora - Bank of America Scott Group - Wolfe Research Michael Linenberg - Deutsche Bank Jamie Baker - JPMorgan Savanthi Syth - Raymond James Conor Cunningham - Melius Research. Duane Pfennigwerth - EverCore ISI Stephen Trent - Citi Thomas Fitzgerald - TD Cowen Daniel McKenzie - Seaport Global Mary Schlangenstein - Bloomberg News Leslie Josephs - CNBC Operator Thank you for standing by, and welcome to American Airlines Group's Third Quarter 2024 Earnings Conference Call.
Longer-term jobless claims are on the rise after a year-long plateau, while American, Southwest, UPS and Hasbro report Q3 earnings.