American Airlines Group (NASDAQ:AAL) reported its Q3 earnings results on Thursday, October 21, 2021 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
American Airlines Group beat their estimated earnings by 4.81%, which did not surprise analysts.
Revenue was up $5,796,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.72, which was followed by a 0.19% increase in the share price the next day.
Here’s a look at American Airlines Group’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -2.41 | -4.30 | -4.11 | -5.88 |
| EPS Actual | -1.69 | -4.32 | -3.86 | -5.54 |
| Revenue Estimate | 7.14B | 4.04B | 3.88B | 2.76B |
| Revenue Actual | 7.48B | 4.01B | 4.03B | 3.17B |
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