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Benzinga
Benzinga
Business
Melanie Schaffer

American Airlines Stock Retreats After Q3 Earnings Beat: Here's What's Going On

American Airlines Group, Inc (NASDAQ:AAL) was sliding about 2.5% lower on Thursday despite printing a third-quarter earnings beat.

For the third quarter, American Airlines reported revenue of $13.46 billion, which beat the $13.25-billion consensus estimate. The company reported earnings per share of 69 cents, beating a consensus estimate of 31 cents. Revenue was up 50.1% year-over-year.

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