What's Going On With American Airlines (AAL) Stock Today - American Airlines Gr (NASDAQ:AAL)

American Airlines Group Inc AAL reported a third-quarter FY22 operating revenue growth of 50.1% year-over-year to $13.46 billion, beating the consensus of $13.25 billion.
The revenue represents a 13% increase from the comparable period revenue in 2019.
Passenger revenues rose 55.8% Y/Y to $12.4 billion, and cargo revenues declined 16% Y/Y to $279 million.
Adjusted EPS of $0.69 beat the consensus of $0.31.
The airlines reported an operating income of $930 million, up 56.3% Y/Y. The margin expanded by 30 bps to 6.9%.
The passenger load factor was 85.3%, up 660 bps Y/Y. Revenue passenger miles increased by 21.7% Y/Y, and ASM increased by 12.2% Y/Y.
The average aircraft fuel price per gallon, including related taxes, was $3.73, up 79.9% Y/Y.
American Airlines ended the quarter with $14.3 billion of total available liquidity. It held $12.2 billion in cash and equivalents.
AAL and its regional partners operated more than 500,000 flights in the quarter.
American's CEO Robert Isom said, "Demand remains strong, and it's clear that customers in the U.S. and other parts of the world continue to value air travel and the ability to reconnect post-pandemic."
4Q22 Guidance: AAL expects revenue of $12.56 billion - $12.78 billion versus the consensus of $12.60 billion.
It sees an adjusted EPS of $0.50 - $0.70 above the consensus of $0.22.
Price Action: AAL shares traded lower by 1.14% at $13.83 during the premarket session on Thursday.

American Airlines Registers 50% Revenue Growth In Q3 Aided By Pandemic Recovery