American Airlines stock climbs as carrier posts narrow fourth-quarter profit
Publishing timestamp: 2024-01-25 12:35:33
Summary
American Airlines reported a $19 million profit for the last three months of 2023, beating Wall Street estimates. The company's shares rose more than 10% following the earnings report. American Airlines expects a net loss for the first quarter of 2024 but remains optimistic about the year ahead. The article also mentions other airlines, such as Southwest and Alaska, reporting their fourth-quarter earnings.
Sentiment: POSITIVE
Tickers: UAL, BA, LUV, ALK, AAL,
Keywords: markets, boeing co, travel, phil lebeau, dividends, transportation, earnings, american airlines group inc, breaking news: business, business news, breaking news: markets, alaska air group inc, southwest airlines co, united airlines holdings inc, airlines, aerospace and defense industry,
Source: https://www.cnbc.com/2024/01/25/american-airlines-aal-q4-2023-earnings.html