American Airlines: Q3 Earnings Insights

American Airlines Group AAL reported its Q3 earnings results on Thursday, October 20, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

American Airlines Group beat estimated earnings by 122.58%, reporting an EPS of $0.69 versus an estimate of $0.31.

Revenue was up $4.49 billion from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 2.84% drop in the share price the next day.

Here's a look at American Airlines Group's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.77	-2.40	-1.47	-1.04
EPS Actual	0.76	-2.32	-1.42	-0.99
Revenue Estimate	13.41B	8.83B	9.37B	8.94B
Revenue Actual	13.42B	8.90B	9.43B	8.97B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

American Airlines Group management provided guidance for Q4 2022, expecting earnings between $0.5 and $0.7 per share.

To track all earnings releases for American Airlines Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar