Skip to main content

financeweek 's Library tagged amr   View Popular

24 Sep 07

AMR shares plunge on weak third-quarter update

  • In a filing late Friday, the Fort Worth, Texas company said that it expects passenger unit revenue at its main American Airlines carrier to rise between 4% and 5% in the third quarter from a year ago, while revenue per available seat mile across its entire system rises 3.7% to 4.7%. The revenue growth “seems to be trailing that of its legacy peers,” according to Goldman Sachs analyst Robert Barry. He cut his third-quarter profit estimates by 20 cents per share, shaved his full-year 2007 and 2008 forecasts and took off his price target, to . Furthermore, AMR
    - financeweek on 2007-09-24
1 - 1 of 1
Showing 20 items per page

Highlighter, Sticky notes, Tagging, Groups and Network: integrated suite dramatically boosting research productivity. Learn more »

Join Diigo