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Airline Stocks Are Trending Lower After American Airlines Earnings

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Airline Stocks Are Trending Lower After American Airlines Earnings
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American Airlines Group Inc (NASDAQ: AAL) on Tuesday reported fourth quarter financial results.

The company reported EPS of $1.52 and revenue of $10.16 billion, beating EPS estimates by $0.01 but missing revenue estimates by ~$30 million.

Following the announcement, shares of American Airlines are trading around $53.99, down 2.6 percent.

Most airlines stocks were also trending lower on Tuesday:

  • Alaska Air Group, Inc. (NYSE: ALK) -0.82 percent
  • Delta Air Lines, Inc. (NYSE: DAL) -1 percent
  • United Continental Holdings Inc (NYSE: UAL) -0.4 percent
  • Hawaiian Holdings, Inc. (NASDAQ: HA) -0.6 percent
  • Spirit Airlines Incorporated (NASDAQ: SAVE) -0.33 percent
  • Southwest Airlines Co (NYSE: LUV) -0.6 percent
  • Image credit: Patrick Cardinal, Wikimedia

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