American Airlines Group Shares Up 3% on Raised Q3 Estimates
<p><a href='https://financialmodelingprep.com/financial-summary/AAL'>American Airlines Group Inc. (NASDAQ:AAL)</a> shares rose around 3% intra-day following the company’s forecast raise on Q3 revenues.</p>
<p>Q3 total revenue is expected to be up approximately 13% compared to Q3/19, which is above the company's prior guidance of 10%-12%. An improvement in the revenue generation is slightly offset by operating costs which the company is now guiding to the higher end of the previous.</p> 
<p>Following the announcement, analysts at Deutsche Bank raised their EPS estimate from $0.40 to $0.65 (vs. Street’s $0.43). They are also narrowed their full-year loss per share forecast of $1.00 to a loss per share of $0.80 (vs. Street’s loss of $0.77).</p>

NASDAQ:AAL