American Airlines Earnings Miss, Revenue Beats In Q2

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American Airlines announced earnings per share of $-7.82 on revenue of $1.62B. Analysts polled by anticipated EPS of $-7.38 on revenue of $1.43B.

American Airlines shares are down 60% from the beginning of the year , still down 67.53% from its 52 week high of $34.99 set on July 24, 2019. They are under-performing the Nasdaq which is up 19.32% from the start of the year.

American Airlines’s report follows an earnings beat by Canadian National Railway on Tuesday, who reported EPS of $1.28 on revenue of $3.21B, compared to forecasts EPS of $0.92 on revenue of $3,249M.

CSX had beat expectations on Wednesday with second quarter EPS of $0.65 on revenue of $2.26B, compared to forecast for EPS of $0.64 on revenue of $2.32B.

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