Investing.com - American Airlines (NASDAQ:AAL) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.15 on revenue of $11.31B. Analysts polled by Investing.com expected EPS of $1.17 on revenue of $11.32B. That compared to EPS of $1.04 on revenue of $10.94B in the same period a year earlier. The company had reported EPS of $1.42 on revenue of $11.91B in the previous quarter.
For the year, American Airlines shares are down 4.74%, under-performing the Nasdaq 100 which is up 4.39% year to date.
American Airlines follows other major Transportation sector earnings this month
On Thursday, January 16, 2020, CSX reported fourth quarter EPS of $0.99 on revenue of $2.89B, compared to forecasts of EPS of $0.96 on revenue of $2.92B.
Delta Air Lines earnings beat analyst's expectations on Tuesday, January 14, 2020, with fourth quarter EPS of $1.7 on revenue of $11.44B. Investing.com analysts expected EPS of $1.4 on revenue of $11.34B
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