American Airlines Group Inc. (AAL) on Friday reported second-quarter net income of $1.7 billion.
On a per-share basis, the Fort Worth, Texas-based company said it had profit of $2.41. Earnings, adjusted for non-recurring costs and pretax expenses, were $2.62 per share.
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The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.58 per share.
The world's largest airline posted revenue of $10.83 billion in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $10.93 billion.
American Airlines shares have fallen 21 percent since the beginning of the year. The stock has fallen slightly in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on AAL at http://www.zacks.com/ap/AAL
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