American Airlines Gp (AAL) is trading -6% lower at $14.285 today.
American Airlines Gp has been trading between a 52-week high of $22.35 and a 52-week low of $11.93. The stock has a market cap of $9.28 Billion.
The airline is trading lower today despite beating EPS estimates by $0.02 and revenue estimates by $20M. Revenue rose more than 80% over the previous year, to $13.42M which was a record number for AAL. The $0.76 EPS was also the first time in 9 quarters that they reported a positive result.
American Airlines Group Inc. is the parent company of American Airlines. Together with regional partner American Eagle, American Airlines offers an average of nearly 6,700 flights daily to 350 destinations in 50 countries.
Headlines
Record revenues: American Airlines reports profits despite jet fuel cost drag
RTL Today 07-21-22
Travels - American Airlines has its best quarter of revenue ever, but profit is down from 2019
Business Mag 07-21-22
American Airlines Earnings: What Happened with AAL
Investopedia 07-21-22
American Airlines returns to profit, flags cost pressure
The Globe and Mail 07-21-22
Recap: American Airlines Group Q2 Earnings
Benzinga 07-21-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:stantbrady - 4 upvotes -
sourceAAL ![gif](emote|free_emotes_pack|downvote)?
stantbrady - 3 upvotes -
sourceAre AAL calls really a play?
Milot25wallst - 3 upvotes -
sourceI think I’m going to get rekt with my stupid AAL calls
TinyPP4U - 2 upvotes -
sourceMy AAL $16 calls expiring Friday will print bigly on earnings tomorrow
Milot25wallst - 2 upvotes -
source$AAL ANALysts expecting profit for the first time in 10 quarters . 🤑💵💼💰🦅🇺🇸
dogebonoff - 2 upvotes -
sourceYou owe me $78 if the AAL lottos I just bought don’t print ![img](emote|t5_2th52|12787)
comancheranche - 2 upvotes -
sourceHoping AAL posts good earnings tomorrow. Got some LUV calls hoping it will move with its momentum lol. So far pretty fked from united tho
Logan_922 - 2 upvotes -
sourceLmao this AAL guy looks shocked they met eps💀
TinyPP4U - 1 upvotes -
sourceAAL get your plays in before earnings tomorrow
LavishnessTimely7372 - 1 upvotes -
sourceNeed RIOT to moon and AAL to tank