Imperial Capital Raises Price Target on American Airlines (AAL) Following 3Q EPS Beat
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American Airlines Group Reports Third Quarter Profit
October 20, 2016 7:30 AM EDTFORT WORTH, Texas, Oct. 20, 2016 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its third quarter 2016 results. The Companys third quarter highlights include:
Third quarter 2016 pre-tax profit of $1.2 billion, or $1.5 billion excluding special charges, and net profit of $737 million, or $933 million excluding special chargesThird quarter 2016 earnings per diluted share was $1.40 versus $2.49 for the same period last year. Third quarter 2016 adjusted1Â earnings per diluted share was $2.80 versus $2.77 for the third quarter 2015As part of its profit sharing plan, the Company... More