American Airlines
stock fell ahead of the open Wednesday as the carrier’s updated profit outlook fell short of expectations for the first quarter.
The airline (ticker: AAL) said it expects to post adjusted earnings per share of between 1 cent and 5 cents when it reports earnings later this month. That’s an improvement on its previous guidance of approximately break-even but falls below analysts’ expectations of 5 cents per share, according to FactSet data.
Source: https://www.barrons.com/articles/american-airlines-hikes-profit-guidance-stock-68080af1?siteid=yhoof2&yptr=yahoo