Estimates Trimmed For AMR Corp.

Hudson Securities is trimming estimates for AMR Corporation AMR following yesterday's close. In the report, Hudson Securities writes "AMR's consolidated 3Q capacity and traffic came in slightly weaker vs the carrier's expectations outlined in its 9/21/10 investor update which leads us to conclude AMR is unlikely to surprise on the upside (vs its recent investor update). Trimming our 3Q EPS est. to $0.29 (vs prior $0.50 & consensus of $0.42); our full year falls to a net loss of $583M or -$1.75/share (materially worse vs consensus of -$1.11/share)." Hudson Securities maintains its Neutral and $9 price target. AMR Corporation closed yesterday at $6.11.