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American Airlines announced earnings per share of $-2.32 on revenue of $8.9B. Analysts polled by Investing.com anticipated EPS of $-2.44 on revenue of $8.63B.
American Airlines shares are up 10.14% from the beginning of the year, still down 25.19% from its 52 week high of $26.04 set on June 2, 2021. They are outperforming the S&P 500 which is down 6.44% from the start of the year.
American Airlines’s report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.44 on revenue of $14.96B, compared to forecasts EPS of $6.21 on revenue of $15.64B.
CSX had beat expectations on Wednesday with first quarter EPS of $0.39 on revenue of $3.41B, compared to forecast for EPS of $0.3799 on revenue of $3.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
