American Airlines (AAL) Tops Q1 EPS by 8c

American Airlines (NASDAQ: AAL) reported Q1 EPS of ($2.32), $0.08 better than the analyst estimate of ($2.40). Revenue for the quarter came in at $8.9 billion versus the consensus estimate of $8.83 billion.

Guidance and investor update
American will continue to match its forward capacity with observed bookings trends. Based on current trends, the company expects its second-quarter capacity to be approximately 92% to 94% of what it was in the second quarter of 2019. American expects its second-quarter total revenue to be 6% to 8% higher than the second quarter of 2019.

For earnings history and earnings-related data on American Airlines (AAL) click here.

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