LONDON, UK / ACCESSWIRE / December 01, 2017 / Active-Investors free earnings report on American Airlines Group Inc. (NASDAQ: AAL) has freshly been issued to its members, and you can also sign up to view this report at www.active-investors.com/registration-sg/?symbol=AAL. The Company posted its financial results on October 26, 2017, for the third quarter fiscal 2017. The airline Company?s revenue increased 2.7% on a y-o-y basis. Register today and get free access to our complimentary member?s area where many more reports are available:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, American Airlines Group most recent news is on our radar and we have decided to include it on our blog post. Today?s free coverage is available at:

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Earnings Highlights and Summary

For three months ended September 30, 2017, American Airlines? total operating revenues increased 2.7% to $10.88 billion from $10.59 billion in Q3 FY16. Total revenue was in-line with analysts? expectations of $10.88 billion.

For the reported quarter, American Airlines? salaries, wages, and benefits expenses increased 8% to $3.00 billion from $2.77 billion in Q3 FY16. During Q3 FY17, the Company?s depreciation and amortization (D&A) expenses increased 8.6% to $433 million from $399 million in the same period last year.

During Q3 FY17, American Airlines? operating income decreased 13.9% to $1.23 billion from $1.43 billion in the same period last year. During Q3 FY17, the Company?s operating margin decreased 220 basis points to 11.3% of revenue from 13.5% of revenue in the same period last year. During Q3 FY17, American Airlines? adjusted operating income decreased 22.4% to $1.34 billion from $1.73 billion in the same period last year. For the reported quarter, the Company?s adjusted operating margin decreased 400 basis points to 12.3% of revenue from 16.3% of revenue in Q3 FY16.

For the reported quarter, American Airlines? net income decreased 15.4% to $624 million from $737 million in Q3 FY16. During Q3 FY17, the Company?s diluted EPS decreased 8.6% to $1.28 from $1.40 in the same period last year. For the reported quarter, American Airlines? adjusted net income decreased 26% to $692 million from $933 million in Q3 FY16. During Q3 FY17, the Company?s adjusted diluted EPS decreased 19.3% to $1.42 from $1.76 in the same period last year. Adjusted diluted EPS surpassed analysts? expectations of $1.39.

Operating Results

For the reported quarter, the Company?s mainline passenger?s revenue increased 2.8% to $7.63 billion from $7.42 billion in the third quarter of 2016. During Q3 FY17, the Company?s regional passenger?s revenue increased 2.8% to $1.75 billion from $1.73 billion in the same period last year.

During Q3 FY17, American Airlines? revenue passenger miles increased 0.9% to 60.47 billion from 59.92 billion. For the reported quarter, the Company?s Available seat miles increased 1.6% to 73.05 billion from 71.91 billion in Q3 FY16. For the reported quarter, the Company?s passenger load factor decreased 50 basis points to 82.8% from 83.3% in the third quarter of 2016.

During Q3 FY17, American Airlines? Passenger revenue per ASM increased 0.9% to $0.128 from $0.127 in the same period last year. For the reported quarter, the Company?s total revenue per ASM (TRASM) increased 1.1% to $0.149 from $0.147 in Q3 FY16.

Balance Sheet

As on September 30, 2017, American Airlines? cash increased 5.6% to $340 million from $322 million on December 31, 2016. For the reported quarter, the Company?s net long-term debt and capital leases decreased 1.2% to $22.22 billion from $22.49 billion in Q4 FY16.

For the reported quarter, the Company?s net accounts receivables increased 6.6% to $1.70 billion from $1.59 billion in the fourth quarter of 2016. For the reported quarter, the Company?s accounts payables increased 2.9% to $1.64 billion from $1.59 billion in Q3 FY16.

During Q3 FY17, the Company repurchased 7.7 million shares for $362 million.

Outlook

For Q4 FY17, the Company expects TRASM growth to be in the range of 2.5% to 4.5% and consolidated CASM (excluding special items and fuel) growth to be 4.5%.

Stock Performance Snapshot

November 30, 2017 - At Thursday?s closing bell, American Airlines Group?s stock rose 2.52%, ending the trading session at $50.49.

Volume traded for the day: 5.98 million shares, which was above the 3-month average volume of 5.10 million shares.

Stock performance in the last month ? up 7.84%; previous three-month period ? up 12.85%; past twelve-month period ? up 8.72%; and year-to-date ? up 8.14%

After yesterday?s close, American Airlines Group?s market cap was at $24.21 billion.

Price to Earnings (P/E) ratio was at 12.85.

The stock has a dividend yield of 0.79%.

The stock is part of the Services sector, categorized under the Major Airlines industry. This sector was up 0.5% at the end of the session.

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