American Airlines Q4 Preview: Can Shares Take Flight?
Its the most critical time of the year for stocks earnings season. Investors will remain busy sorting through quarterly results for some time, with plenty of companies unveiling whats transpired behind closed doors.
Weve received quarterly results from several notable companies, including titans Netflix NFLX and Microsoft MSFT.
And weve received results from several airliners, including Delta Air Lines DAL.
Now, American Airlines AAL is gearing up to unveil its quarterly results tomorrow on Thursday, January 26th, before the market open.
American Airlines, the largest airline internationally, provides passenger and cargo services. Currently, the company sports a favorable Zacks Rank #2 (Buy).
How does the company currently shape up? We can use quarterly results received from DAL as a small gauge.
Delta Air Lines Q4
Delta Air Lines posted better-than-expected results thanks to a continued recovery in travel demand, reporting EPS of $1.48, which exceeded our consensus estimate by more than 14.7%.
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