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American Airlines Beats Q2 Estimates, Clocks Daily Cash Build Rate Of $1M, Expects 20% Dip In Q3 Revenue Compared To 3Q19

American Airlines Beats Q2 Estimates, Clocks Daily Cash Build Rate Of $1M, Expects 20% Dip In Q3 Revenue Compared To 3Q19

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American Airlines Group Inc (NASDAQ: AAL) reported second-quarter revenue of $7.49 billion, a sequential growth of 87% (compared to $1.62 billion in 2Q20), beating the consensus of $7.14 billion. Adjusted earnings per share loss narrowed to $(1.69) compared to $(7.82) in 2Q20, beating the consensus of $(2.41).

...read full article on Benzinga

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