FORT WORTH, Texas (AP) — American Airlines Group Inc. (AAL) on Thursday reported fourth-quarter earnings of $258 million.
The Fort Worth, Texas-based company said it had profit of 54 cents per share. Earnings, adjusted for non-recurring costs, were 95 cents per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.
The world's largest airline posted revenue of $10.6 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $10.58 billion.
American Airlines expects full-year earnings in the range of $5.50 to $6.50 per share.
American Airlines shares have climbed slightly more than 5 percent since the beginning of the year. The stock has risen 15 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAL at https://www.zacks.com/ap/AAL