financetom
Business
financetom
/
Business
/
American Airlines cuts second-quarter profit forecast
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
American Airlines cuts second-quarter profit forecast
May 28, 2024 2:19 PM

May 28 (Reuters) - American Airlines ( AAL ) on Tuesday

cut its second-quarter profit forecast.

The company now expects second-quarter adjusted earnings per

diluted share to be between $1.00 and $1.15, down from its

previous expectations of a profit between $1.15 and $1.45 per

share.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Market Chatter: Roblox Ready to Make Changes to Platform to Overturn Russia Ban
Update: Market Chatter: Roblox Ready to Make Changes to Platform to Overturn Russia Ban
Mar 10, 2026
10:38 AM EST, 12/17/2025 (MT Newswires) -- (Updates with the company's response in the third paragraph.) Roblox ( RBLX ) is prepared to make changes to some of its features after Russian watchdog Roskomnadzor imposed a ban on the platform earlier this month over child safety issues, Reuters reported Wednesday, citing a company spokesperson. The company is ready to temporarily...
Structure Therapeutics Starts Phase 1 Trial of Oral Obesity Treatment
Structure Therapeutics Starts Phase 1 Trial of Oral Obesity Treatment
Mar 10, 2026
10:42 AM EST, 12/17/2025 (MT Newswires) -- Structure Therapeutics ( GPCR ) started a first-in-human Phase 1 trial of ACCG-2671, an oral drug designed to activate the amylin receptor, a pathway involved in regulating appetite and weight. The study will assess the safety, tolerability, and how the drug is processed and acts in the body in both healthy volunteers and...
Canaan Board Approves $30 Million Share Buyback
Canaan Board Approves $30 Million Share Buyback
Mar 10, 2026
10:41 AM EST, 12/17/2025 (MT Newswires) -- Canaan (CAN) said Wednesday that its board authorized a renewed $30 million share repurchase program, allowing the company to buy back American depositary shares or class A ordinary shares over the next 12 months beginning Dec. 12. The company said the renewal signals confidence in its financial strength, stronger Q3 2025 performance, and...
Plug Power Installs Electrolyzer for Cleanergy's Hydrogen Facility
Plug Power Installs Electrolyzer for Cleanergy's Hydrogen Facility
Mar 10, 2026
10:39 AM EST, 12/17/2025 (MT Newswires) -- Plug Power ( PLUG ) said Wednesday it has installed a 5-megawatt GenEco electrolyzer system for Cleanergy Solutions Namibia's green hydrogen project. The electrolyzer is integrated into Cleanergy's Hydrogen Dune site, which includes a 5MW solar park and a 5.9 megawatt-hour battery energy storage system to generate renewable hydrogen, the company said. The...
Copyright 2023-2026 - www.financetom.com All Rights Reserved