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Billionaire Investor Jim Rogers, Offers Gold and Silver Market Outlook in Exclusive Interview with Jay’s Coin Shop

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American Airlines (AAL) earnings Q1 2024

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A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024.

Charly Triballeau | Afp | Getty Images

American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts’ estimates, sending shares roughly 5% higher Thursday.

American expects to earn between $1.15 and $1.45 per share in the second quarter, on an adjusted basis, largely above the $1.18 that analysts compiled by LSEG estimated on average. American reiterated its forecast to earn between $2.25 and $3.25 per share for the full year.

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Read More: American Airlines (AAL) earnings Q1 2024

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