American Airlines Q2 Adj. EPS Outlook $1.15 - $1.45 Vs. $1.18 Estimate
Portfolio Pulse from Benzinga Newsdesk
American Airlines has updated its Q2 adjusted EPS outlook to $1.15 - $1.45, compared to the $1.18 estimate. The company also reaffirms its full-year adjusted EPS forecast to be between $2.25 and $3.25, based on current demand trends and fuel price forecasts, excluding special items.
April 25, 2024 | 11:04 am
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American Airlines has raised its Q2 adjusted EPS outlook to $1.15 - $1.45, above the $1.18 estimate, and maintains its full-year adjusted EPS forecast at $2.25 - $3.25.
The upward revision of the Q2 adjusted EPS outlook by American Airlines, especially when it surpasses the analyst estimates, is likely to be viewed positively by investors. This indicates stronger than expected financial performance and operational efficiency. The reaffirmation of the full-year adjusted EPS forecast further strengthens investor confidence in the company's stability and growth prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100