American Airlines Group Q2 2024 Adj EPS $1.09 Beats $1.05 Estimate, Sales $14.33B Miss $14.36B Estimate
Portfolio Pulse from Benzinga Newsdesk
American Airlines Group (NASDAQ:AAL) reported Q2 2024 adjusted EPS of $1.09, beating the estimate of $1.05. However, sales of $14.33 billion missed the $14.36 billion estimate. Sales increased by 1.99% year-over-year.
July 25, 2024 | 11:01 am
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American Airlines Group reported Q2 2024 adjusted EPS of $1.09, beating the estimate of $1.05. However, sales of $14.33 billion missed the $14.36 billion estimate. Sales increased by 1.99% year-over-year.
The positive EPS surprise is likely to have a more significant impact on the stock price than the slight miss in sales. The year-over-year sales growth also adds a positive sentiment.
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