American Airlines (AAL) Misses Q2 EPS by 1c

American Airlines (NASDAQ: AAL) reported Q2 EPS of $0.76, $0.01 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $13.42 billion versus the consensus estimate of $13.34 billion.

Guidance and investor update:

American will continue to match its forward capacity with the resources required to support its operation. Based on current trends, the company expects its third-quarter total revenue to be 10% to 12% higher versus the third quarter of 2019 on 8% to 10% lower capacity. Based on these demand trends and the current fuel price forecast, the company expects to be profitable in the third quarter.

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

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