25 07, 2024

American Airlines’ Sales Strategy Isn’t Working as Profits Fall 46% – It May Be Time to Sell AAL

By |2024-07-25T16:51:17+00:00July 25th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

American Airlines (AAL) reported second-quarter earnings that may have outperformed the Wall Street consensus but painted a concerning narrative for the sales strategy the company has gone all in on. Adjusted earnings per share came in at $1.09 per share, narrowly surpassing the analyst consensus of $1.05. However, revenue fell short at $14.33 billion [...]

29 05, 2024

American Airlines Profits Fall Lower and Lower, and the Stock is Following Suit: Time to Sell AAL?

By |2024-05-29T17:13:01+00:00May 29th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Late yesterday afternoon American Airlines Group Inc. (AAL) updated its profit outlook for the current quarter, sending shares plummeting. The stock is down 19% in the past week now, and it may be time to sell if you’re holding AAL. The real concern here is that this is supposed to be the airliner’s best [...]

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