(RTTNews) - American Airlines Group Inc (AAL) announced Loss for its first quarter that decreased from last year and beat the Street estimates.
The company's bottom line came in at -$473 million, or -$0.72 per share. This compares with -$312 million, or -$0.48 per share, last year.
Excluding items, American Airlines Group Inc reported adjusted earnings of -$386 million or -$0.59 per share for the period.
Analysts on average had expected the company to earn -$0.67 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.2% to $12.551 billion from $12.570 billion last year.
American Airlines Group Inc earnings at a glance (GAAP) :
-Earnings: -$473 Mln. vs. -$312 Mln. last year. -EPS: -$0.72 vs. -$0.48 last year. -Revenue: $12.551 Bln vs. $12.570 Bln last year.
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