American Airlines CEO Admits Missteps Amid Leadership Changes and Market Decline

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Source: Yahoo Finance
American Airlines CEO Admits Missteps Amid Leadership Changes and Market Decline
Photo: Yahoo Finance
TL;DR Summary

American Airlines (AAL) shares fell by 1.55%, underperforming the broader market. Over the past month, AAL's stock has decreased by 14.43%, lagging behind the Transportation sector's 3.3% loss and the S&P 500's 3.15% gain. Analysts are closely watching the company's upcoming earnings, with projected EPS of $1.28 and revenue of $14.69 billion. AAL currently holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 4.53, indicating a discount compared to its industry average.

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