Investing.com - American Airlines (NASDAQ:AAL) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
American Airlines announced earnings per share of $-1.42 on revenue of $9.43B. Analysts polled by Investing.com anticipated EPS of $-1.54 on revenue of $9.31B.
American Airlines shares are down 3% from the beginning of the year and are trading at $17.31 , down-from-52-week-high.They are outperforming the S&P 500 which is down 4.9% from the start of the year.
American Airlines follows other major Industrials sector earnings this month
American Airlines's report follows an earnings beat by Cintas on Wednesday, December 22, 2021, who reported EPS of $2.76 on revenue of $1.92B, compared to forecasts EPS of $2.65 on revenue of $1.91B.
Sandvik AB ADR had beat expectations on Thursday with fourth quarter EPS of $0.3369 on revenue of $3.2B, compared to forecast for EPS of $0.3355 on revenue of $3.07B.
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