American Airlines Group is set to report second-quarter earnings on July 23, with investors closely watching fuel cost trends and demand signals following United Airlines' strong results. United topped earnings and revenue estimates and raised the lower end of its full-year earnings range, but also reported an 84% year-over-year surge in second-quarter fuel costs, warning that higher jet fuel prices could add nearly $6 billion in expenses this year. American Airlines shares closed at $15.63, down 0.26%, on trading volume of 181 million shares, about 83% above its three-month average. The broader market rose, with the S&P 500 gaining 0.38% to 7,572 and the Nasdaq Composite up 0.62% to 26,269.
American Airlines GroupArticle focuses on upcoming earnings with fuel cost concerns and demand signals; no concrete results yet.
United Airlines Holdings IncUnited reported strong earnings and raised guidance, but fuel cost surge is a negative; overall positive earnings beat.
Delta Air Lines Inc