American Airlines: consensus beaten in 2nd quarter.
(CercleFinance.com) - Published this Friday before Wall Street opening, American Airlines' second-quarter results were characterised by a decline in net profits year-on-year.
They came in at 803 million dollars, or 1.63 dollars per share, compared with 950 million, representing 1.68 dollars per share a year earlier. Excluding exceptional items, the airline has brought in earnings per share of 1.92 dollars, 7 cents more than anticipated by consensus.
Revenue rose slightly from 10.36 to 11.11 billion dollars, over and above the 11.06 billion forecast by analysts.
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They came in at 803 million dollars, or 1.63 dollars per share, compared with 950 million, representing 1.68 dollars per share a year earlier. Excluding exceptional items, the airline has brought in earnings per share of 1.92 dollars, 7 cents more than anticipated by consensus.
Revenue rose slightly from 10.36 to 11.11 billion dollars, over and above the 11.06 billion forecast by analysts.
Copyright (c) 2017 CercleFinance.com. All rights reserved.