Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

American Airlines surges after lifting Q4 profit guide

admin by admin
December 5, 2024
in Stock
0
American Airlines surges after lifting Q4 profit guide
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Investing.com — Shares of American Airlines Group (NASDAQ:AAL) surged more than 7% before the opening bell on Thursday after the carrier raised its adjusted profit guidance for the current-quarter, banking on better pricing power on the backdrop of strong demand in travel.

The airline now projects adjusted earnings per share in the fourth quarter to be between 55 cents and 75 cents, much higher than its previously issued range of it to between 25 cents and 50 cents.  

Additionally, it expects fourth quarter total revenue per available seat mile (TRASM) to be about flat to up 1% vs the same period in 2023.  While adjusted cost per available seat mile (CASM) to be between 5% and 6% vs prior guide of 4%-6%.

This post appeared first on investing.com

Previous Post

Economic impact of French political turmoil seems limited and contained- EU

Next Post

Linkers Industries Limited Prices 1.9M Share IPO at $4/sh

admin

admin

Next Post
Linkers Industries Limited Prices 1.9M Share IPO at $4/sh

Linkers Industries Limited Prices 1.9M Share IPO at $4/sh

Trending News

The Gap stock price could drop 35% as a risky pattern forms

The Gap stock price could drop 35% as a risky pattern forms

November 30, 2024
Malaysian stocks soar as economic growth and US tech capital drive resurgence

Malaysian stocks soar as economic growth and US tech capital drive resurgence

October 15, 2024
US retail sales and manufacturing output decline in January: here’s why

US retail sales and manufacturing output decline in January: here’s why

February 15, 2025
Subscribe to Insightful Word


    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025
    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    August 7, 2025
    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    August 7, 2025

    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025

    Latest News

    • Dow futures soar 250 points today: 5 things to know before Wall Street opens
    • Affirm stock price is rising: is it a buy before earnings?
    • Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.