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American Airlines forecasts better-than-expected profit for Q2

American Airlines (AAL) posted its first quarter results, revealing a revenue of $12.57 billion, just shy of the $12.60 billion estimate. Shares of the company are moving higher however, as the company reiterated its forecast of adjusted earnings of $2.25 and $3.25 per share for all of 2024.

Yahoo Finance Brad Smith and Seana Smith break down American Airlines Q1 report.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Nicholas Jacobino