Despite the economic uncertainty threatening the demand of airlines, American Airlines Group Inc. (AAL) is scheduled to conduct the fourth quarter 2018 earnings conference call on Thursday, January 24, at 8:30 am Eastern Time.
American Airlines issued a press release on Thursday with the conference call details. The company’s chief William Douglas Parker’s presentation may be accessed here on the aforementioned date.
Here are the key highlights from the fourth quarter 2017 earnings results in comparison with the analysts’ expectations for the fourth quarter 2018, which are given in brackets.
Revenue – $10.6 billion ($11.08 billion)
Non-GAAP EPS – $0.95 ($1.12)
American Airlines Q3 2018 Earnings Infographics
In addition, the company lowered its profit estimates for 2018 to the range of $4.40 to $4.60 per share from the prior range of $4.50 to $5.00 per share. American Airlines warned investors of the revenue increase struggle toward the end of the year.
Also read:
Most Popular
Earnings calendar for the week of March 8
On the heels of lawmakers moving closer to passing the stimulus bill, inflations concerns gripped the market after Federal Reserve chief Jerome Powell at a meeting said the reopening would
Why Costco’s (COST) growth prospects might depend on beating costs, digital lag
Though the retail boom triggered by the pandemic was estimated to be short-lived initially, the shopping spree continued as customers stocked up on essential items, concerned about the persistent market
Gap (GPS) hopes to see a favorable recovery by the second half of 2021
Shares of Gap Inc. (NYSE: GPS) were up 5.8% in afternoon hours on Friday. The stock has gained 103% over the past 12 months. Gap reported mixed results for the
