Thursday, October 23, 2014

Update: American Airlines Reports Record Q3 '14 Earnings


Summary

  • American Airlines reported Q314 earnings.
  • The stock is a strong buy.
  • The investment thesis anticipated short-term issues in Q3 to subside and provide for big gains in 2015 on the sliding fuel prices.
Before the market open, American Airlines Group (NASDAQ:AAL) reported record Q314 earnings. The numbers even beat analyst estimates, but the numbers were highly disappointing compared to expectations when the quarter started. This scenario further highlights how the airline industry is in a more favorable environment with tailwinds easily offsetting short-term issues.

Read the full article at Seeking Alpha.


Disclosure: Long AAL. Please review the disclaimer page for more details. 




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