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American Airlines Group Inc Q1 adjusted earnings Beat Estimates

American Airlines Group Inc (AAL) reported earnings for its first quarter that advanced from the same period last year.

The company's bottom line totaled $185 million, or $0.41 per share. This compares with $159 million, or $0.34 per share, in last year's first quarter.

Excluding items, American Airlines Group Inc reported adjusted earnings of $237 million or $0.52 per share for the period.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.7% to $10.58 billion from $10.40 billion last year.

American Airlines Group Inc earnings at a glance:

-Earnings (Q1): $237 Mln. vs. $353 Mln. last year.
-EPS (Q1): $0.52 vs. $0.74 last year.
-Analysts Estimate: $0.51
-Revenue (Q1): $10.58 Bln vs. $10.40 Bln last year.

Full year EPS guidance: $4.00 - $6.00

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