FORT WORTH, Texas (AP) – American Airlines is reporting second-quarter earnings of $803 million.
The Fort Worth, Texas, company had profit of $1.63 per share. Earnings, adjusted for non-recurring costs, came to $1.92 per share, topping analyst projections for $1.87, according to a poll by Zacks Investment Research.
The world’s largest airline posted revenue of $11.11 billion in the period, also beating forecasts.
Shares of American Airlines Group Inc. have risen 7 percent since the beginning of the year. The stock has risen 38 percent in the last 12 months.
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