American Airlines Group Inc
AAL: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$47.90 | Bsr | Swwmmwxpy |
American Airlines Earnings: Higher Costs and Slower Revenue Growth Crimp Margins; Fair Value Down 9%
American Airlines' third-quarter results, released Oct. 19, showed continued cost growth even as the no-moat full-service carrier booked a revenue figure almost identical to the year-ago quarter. We incorporated the increase in persistent unit costs into our forecast, as well as slightly increasing ongoing capital expenditures, resulting in a fair value estimate reduction to $10.50 per share from $11.50.