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American Airlines: Q3 Earnings Snapshot
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FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — American Airlines Group Inc. (AAL) on Thursday reported a loss of $269 million in its third quarter.

The Fort Worth, Texas-based company said it had a loss of 41 cents per share. Losses, adjusted for non-recurring costs, were 28 cents per share.

The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for a loss of 28 cents per share.

The world's largest airline posted revenue of $16.34 billion in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $16.2 billion.

For the current quarter ending in December, American Airlines expects its results to range from a loss of $1.10 per share to a loss of 50 cents per share.

The company expects full-year results to range from a loss of $1.60 per share to a loss of $1 per share.

American Airlines shares have decreased 20% since the beginning of the year. The stock has fallen roughly 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAL at https://www.zacks.com/ap/AAL

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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