American Airlines Posts $269 Million Q3 Loss, Revenue Tops Estimates at $16.34 Billion

American Airlines Group Inc. (AAL) on Thursday reported a third-quarter loss of $269 million, or 41 cents per share, matching Wall Street expectations on an adjusted basis. Adjusted for non-recurring costs, the loss was 28 cents per share, in line with the 28-cent average estimate from eight analysts surveyed by Zacks Investment Research. The Fort Worth, Texas-based carrier posted revenue of $16.34 billion, beating the $16.2 billion forecast from six analysts. American, the world's largest airline, guided to a current-quarter loss of $1.10 to 50 cents per share and a full-year loss of $1.60 to $1 per share. Shares have fallen 20% since the start of the year and roughly 1% over the past 12 months.