Dahlman Rose Reiterates Hold on AMR Corp. (AMR)

Dahlman Rose is out with its report on AMR Corp. AMR reiterating Hold despite better than expected earnings. In a note to clients, Dahlman Rose writes, "AMR Corp. reported better than expected results, with a loss of $0.21 per share compared to our estimate of a loss of $0.38 per share and the consensus estimate of a loss of $0.34. We are reiterating our Hold ratings on both the equity and debt of AMR Corp. As we have discussed above, profitability will be elusive this year given its industry high labor costs and the current GDS dispute." AMR is trading at $7.49, down 2.60% from yesterday's close.