American Airlines 4Q Earnings Snapshot

FORT WORTH, Texas (AP) _ American Airlines Group Inc. (AAL) on Thursday reported fourth-quarter earnings of $319 million.The Fort Worth, Texas-based company said it had net income of 69 cents per share. Earnings, adjusted for non-recurring costs, came to $1.04 per share.The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.The world’s largest airline posted revenue of $10.94 billion in the period, missing Street forecasts. Eleven analysts surveyed by Zacks expected $11.01 billion.American Airlines expects full-year earnings in the range of $5.50 to $7.50 per share.American Airlines shares have declined slightly more than 1 per cent since the beginning of the year. The stock has decreased 46 per cent in the last 12 months._____This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AAL at Associated Press read more