American Airlines stock rises on stronger-than-expected profit view

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American Airlines stock rises on stronger-than-expected profit view
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American Airlines Group Inc. stock is up 4.2% in premarket trades after the carrier said it expects adjusted fourth-quarter profit of $1.12 to $1.17 a share,...

American Airlines Group Inc. AAL stock is up 4.2% in premarket trades after the carrier said it expects adjusted fourth-quarter profit of $1.12 to $1.17 a share, ahead of the Wall Street analyst estimate of 61 cents a share in a survey by FactSet. The carrier said it expects to report fourth-quarter revenue growth of 16% to 17%, ahead of its earlier estimate of 11% to 13% growth. American Airlines said its fourth-quarter flight miles will drop by 6.

... American Airlines Group Inc. AAL stock is up 4.2% in premarket trades after the carrier said it expects adjusted fourth-quarter profit of $1.12 to $1.17 a share, ahead of the Wall Street analyst estimate of 61 cents a share in a survey by FactSet. The carrier said it expects to report fourth-quarter revenue growth of 16% to 17%, ahead of its earlier estimate of 11% to 13% growth. American Airlines said its fourth-quarter flight miles will drop by 6.

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