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<Results> American Airlines (AAL.US) 1Q Results Beat on Revenue; Cuts Full-Year EPS Forecast on Fuel Cost Surge
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American Airlines (AAL.US) reported a net loss of USD380 million for 1QYY, with adjusted LPS of USD0.40, slightly narrower than the market expectation of a USD0.47 loss per share. Revenue rose 10.8% YoY to USD13.91 billion, exceeding the expected USD13.79 billion. The company sharply lowered its full-year earnings forecast due to surging fuel costs.' The company now expects full-year adjusted EPS to range from a loss of USD0.40 to a profit of USD1.1, down from its January forecast of USD1.7 to USD2.7 per share. (sw/m) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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