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AAL Stock Drops After $2.2B Fuel Costs Spark Full-Year Guidance Cut Despite Q2 Beat

in5points
  1. American Airlines reported record Q2 revenue of $16.7 billion.

  2. Adjusted EPS of $0.15 beat Wall Street estimates.

  3. Full-year guidance was cut due to $2.2 billion in fuel costs.

  4. AAL stock dropped following the guidance cut.

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Rajeev Chandrasekhar

Asianet News Network

Rajeev Chandrasekhar / Jupiter Capital interests historically

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