Breaking: American Airlines (AAL) releases Q1 2021 results, EPS misses

Ivan Brian FXStreet

American Airlines (AAL) reported Q1 2021 earnings. Earnings per share (EPS) missed expectations, coming in at $4.32 versus forecasts for $4.30. Revenue also missed, coming in at $4 billion versus a $4.04 billion estimate.

American Airlines said it sees Q2 sales down 40% versus 2019.

The Q1 loss was less than a year earlier as demand increases. Q1 loss was $1.25 billion versus $2.24 billion a year earlier.

AAL stock forecast

American Airlines (AAL) shares are trading at $21.57, up 3%.

At the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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Errors and omissions excepted.

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Author

Ivan Brian

FXStreet

Ivan Brian started his career with AIB Bank in corporate finance and then worked for seven years at Baxter. He started as a macro analyst before becoming Head of Research and then CFO.

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