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CremaDiLimone
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- Jun 8, 2016
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- #16
well...they beat on top and bottom lines. they are also very upbeat about trasm for 2 quarter 2017 (up 3%-5%, significantly higher than dl/ua) and are guiding 11%-13% pre-tax margin for 2 q 2017. so, looking to get back earning $1 billion in a quarter.
good quarter and even better guidance, wall street is throwing a fit about yesterday's raises and the stock is down a few dollars in pre-market trading.
well, it took less than 2 weeks for aa to up it's previous good guidance for q2 2017.
aa now says that trasm will be up 3.5%-5.5% while it upped it's pre-tax margin to 12%-14%.
based on revenue estimates of $10.9 billion for q2 2017, aa is looking at pre-tax earnings from $1.3 billion to $1.5 billion for the quarter. outstanding stuff. if oil gets to $40/barrel and revenues (fares) tick up higher, look out.