CNBC's Phil LeBeau joins 'Squawk Box' to report on the company's quarterly earnings results.
American Airlines last year said it would reverse a business-travel sales strategy that backfired. The airline signed a new credit card deal with Citi late last year.
The S&P came close to closing at a new all-time high today at 6,086, but was just a few points shy of the record close on December 6th of last year.
American Airlines Group Inc AAL is releasing its fourth-quarter earnings on Thursday. Wall Street expects 64 cents in EPS and $13.40 billion in revenues as the company reports before market hours.
The pressure is on American Airlines to issue strong results and a strong outlook on Thursday, especially after United Airlines CEO Scott Kirby proclaimed Wednesday that “We are the best airline in the history of aviation.”
Investors would do well to bet on stocks like UAL, AAL, DAL and LUV for higher returns.
As of Jan. 22, 2025, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
American Airlines stock price continued its strong uptrend this week as investors cheered the strong earnings by its peers. The AAL share price soared to a high of $18.65, its highest swing since July 2023.
Investors interested in Transportation stocks can keep an eye on the fourth-quarter 2024 earnings reports of AAL, ALK, UNP and CSX.
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.
In the most recent trading session, American Airlines (AAL) closed at $18.27, indicating a -0.11% shift from the previous trading day.
Let's check the factors that are likely to have impacted AAL's fourth-quarter performance and see whether the stock deserves a place in your portfolio.