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American Airlines forecasts second-quarter profit largely above estimates
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American Airlines forecasts second-quarter profit largely above estimates
Apr 25, 2024 4:30 AM

April 25 (Reuters) - American Airlines ( AAL ) forecast

current-quarter profit largely above analysts' expectations on

Thursday, amid a rebound in business travel and expectations of

strong demand in the upcoming summer season.

The company expects an adjusted profit of $1.15 per share to

$1.45 per share for the quarter ending June 30. Analysts were

expecting earnings of $1.18 per share, according to LSEG data.

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