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American Airlines shares fall despite second-quarter earnings beat on weaker outlook (NASDAQ:AAL)
InvestorsHub68d agoneutral
American Airlines shares fall despite second-quarter earnings beat on weaker outlook (NASDAQ:AAL)

American Airlines Group (NASDAQ:AAL) reported better-than-expected second-quarter earnings on Thursday, but its shares fell more than 5% in premarket trading after the carrier issued a weaker-than-anticipated profit outlook for the third quarter and the full year. While record revenue reflected continued demand for travel, higher fuel costs weighed on the company’s earnings forecast.